Today, I heard on the news that the average debt one is in when they graduate college is $24,000. I've been in college for one year and my debt is already $20,000. And it turns out that my school's accreditation does not exist like I was told. $20,000 in debt and no college credits to show for it. FML
Collection
Fall
Dead leaves, the first cold of the season and an umbrella flipped inside out: fall, the season of grace.
Today, I was watching a TV show about people with shopping addictions. One girl was $15,000 in debt and I thought how horrible it would be to live with that. Then I realized that I'm in medical school and currently $135,000 in debt. At least they have something to show for their debt. FML
Today, I found out that I owe my college a little over $10,000. Why? Because, due to a slight misspelling of my name, the scholarship that I have been going insane trying to meet the requirements for is not actually giving me any funding. FML
Today, I owe about $18,000 for a useless degree. Why? I graduated in 2016 from the ITT Technical Institute, a few months before the school shut down for good. The kicker? They misspelled my name on the diploma. FML
Today, I'm in a US college. I could've gone into a trade or internship, but no one listened. Now, while my parents brag to their friends that their child has a degree, I'll probably be spending the rest of life in crippling debt, sleeping on the side of the road, and begging strangers for table scraps. FML
Today, I checked my university financial account to discover I owed them over $1000. The reason? They had apparently given me too much money when I applied for a loan and now want it back. Oh, and I spent my loan money on books and a laptop for school. FML
Today, I applied for college graduation. Turns out my advisor screwed me over and now I'm 1 credit hour short of getting my degree. Now I have to wait another semester and pay $3,500 just to take a one hour class on Bowling so that I can graduate. FML
Today, my college charged me for tuition for next semester. I graduated two years ago. I have a degree from a place too stupid to only charge current students. FML
Today, I learned I have over $10,000 in debt, despite never owning a credit card. Apparently, my ex-roommate had been replying to the credit card offers I was receiving in the mail. That also explains my missing driver's license a few months back. FML
Today, I did the math: back at college in 2011, I had a $20,000+ reimbursement from my school. If I had invested even half my cash into Bitcoin then ($2.50), I would be worth over $120,000,000. Instead, I said, "Fuck that! This is stupid", and am now over $200,000 in student loan debt. FML
Today, I learned that the college I'm going to in the fall has been tampering with their ratings on the internet and actually only has a 5% graduation rate. Everything's already been paid for and I can't transfer elsewhere. FML
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Top comments
1kings67 0
should have researched the college first
BoyFromTheFuture 0
go to a different school asap. it's obvious accreditation means something to you or you wouldn't have mentioned it. Don't pay 20k a year for something that's not going to earn it back for you.
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Comments (57)
holycraplions 4
Seriously. Who doesn't check that their college is an ACTUAL college before paying them 20 grand? YDI.
mbear24 0
I saw that article too, I pay more than that for one year of school. $24,000...I freaking wish
RedPillSucks 33
When was the article written, in the late 70s? OP you need to research if there are other schools willing to accept some of the credits. My sister got into the same problem with her nursing degree. She did lose some credits during transfer, but was able to get some of them accepted.
MrJentipede 2
When I was checking out and calling schools for my master's degree, I made sure they were accredited. YDI for not being proactive, enjoy being poor.
crazyaces89 7
that sucks...should have started at a community college its the same shit the first two years and much cheaper
marcranger 29
op should have dome more research, sure. but a lot of these for profit schools will say that they're nationally accredited, which sounds great until you realize that Harvard and Yale, your state universities, and community colleges are all regionally accredited. sadly a lot of people have been taken in by for profit colleges' lines and they really work hard to sell you a product. fyl and ydi.
honeyishrnkdakid 2
Actually, if they're federal loans I remember reading on their website that your debt can be forgiven if your school loses accreditation while you're there. So I would check on that if I were you. In the future, you know to do your own research and not just take someone's word for it even if the person is supposed to be knowledgeable about the matter. Good luck!
il_bastardo 0
Haha there's a bunch of University of Phoenix ads on the right side of this page now...
mike3775 39
Thats why you avoid those schools you see on TV advertising all the time
Sparx1_1 16
YDI There are a ton of ways to verify if the school you are going to is accredited. You also fail at life for not taking the 5 minutes it would have taken to verify this instead of finding out $20,000 later.