It’s been eight years since I graduated from college.
I went to community college paying my way nearly entirely by student loan. And when I graduated, I not only had a shiny diploma and no job, but a brand new friend:
About $15,000 in student debt.
I understand that for many, this is not a lot of money. But for a graphic design graduate—a field that in London pays slightly better than minimum wage—this was terrifying.
Paying the minimum payment every month, it would have taken ten years to clear out my loans (thankfully, we were able to get this taken care of a lot sooner). However, I know far too many men and women who are still paying off their education long after they’ve left the field.
Today, the average university undergrad degree costs between thirty and fifty thousand dollars in Canada (this includes housing and food).
That’s a crazy amount of money for a degree that may not ever get used.
While I’m grateful for the education I’ve received and for the skills that I picked up that led me to becoming a full-time writer (wait, what?), it seems to me that we’re at risk of educating ourselves into slavery. Continue Reading…