Sunday, September 5, 2010

Gen-X/Y, Clueless again - Kerrie Tidwell

Allison Brooke Eastman & Kerrie Tidwell

What is really interesting about these stories is that these women are willing to air their dirty and stupid laundry for the whole world to see. Yes, Ms. Tidwell, more cleavage and your boyfriend will pay off your debt. Someone needs to teach her about Return on Investment.

2010-09-03: How Debt Can Destroy a Budding Relationship
Nobody likes unpleasant surprises, but when Allison Brooke Eastman’s fiancé found out four months ago just how high her student loan debt was, he had a particularly strong reaction: he broke off the engagement within three days.
But as the couple got closer to their wedding day, she took out all the paperwork and it became clear that her total debt was actually about $170,000. “He accused me of lying,” said Ms. Eastman, 31, a San Francisco X-ray technician and part-time photographer who had run up much of the balance studying for a bachelor’s degree in photography. “But if I was lying, I was lying to myself, not to him. I didn’t really want to know the full amount.”
These were the questions that weighed on Kerrie Tidwell. A third-year student at the Medical College of Georgia and an aspiring emergency room doctor, she doesn’t worry so much about her ability to pay back her loans.

Ms. Tidwell, 26, is involved in a serious relationship with Stefan Kogler, an architect who is a native of Austria and living in Vienna. To Europeans, who often pay little or nothing toward their university studies, the idea of going deeply into debt to get educated is, well, foreign.

Ms. Tidwell feels no guilt about the $250,000 in debt she will probably run up, including some from a master’s degree program she completed in London, where she and Mr. Kogler met. “I didn’t acquire it because I go out and shop a lot,” she said. “It’s because I’m doing something that I’ll love for the rest of my life.”

1 comment:

So and So said...

Don't chide the med student too much. She will be able to pay it back. Being an emergency room doctor is a good return on investment.
Not the photography B.A. though, that is rediculous.
Just get a science (a hard science, not a made up "social science") or math related degree and you'll be fine.