About
Debtor’s Prison’s core mission is to bring to light the struggles of the Student Loan Boomerang Generation. This is for students who borrow so heavily that money that would otherwise go to rent and starting a life ends up going towards student loans. The loss of this money sends them back home to their parents, parents who expected that the sacrifices of their whole family would lead to the financial security of their children.
Debtor’s Prison addresses these struggles with a core team of six writers united in debt with different backgrounds and experiences. Their commentary focuses on 1) testimonial advice for individuals in-debt and those considering borrowing 2) commentary on policy initiatives that will hurt or benefit the generation as a whole.
This is a forum for a silent phenomenon. Inmates in Debtor’s Prison are often forced to pretend they have the generational wealth that many of the individuals who are seeking to enter their chosen professions at the end of their educations (JDs, MBAs, MDs, PhDs). When they are no longer able to surf the tidal wave of debt and things begin to slip through the cracks their debtless peers and even their own families (whose experience in school a generation ago was very different) begin to view them as failures. This is a rebuttal to the default judgment against us.
NOTE: The anecdotes and aliases used by writers for this blog are FICTIONAL. The individual characters are parodies of a combination of particular traits of real individuals and is IN NO WAY meant as commentary exposing acts of REAL PEOPLE. This is satire. This is parody. Think the “Daily Show” and “The Colbert Report.”
I just discovered your site via a link on a Facebook communication with Alan Collinge, author of the book The Student Loan Scam. Thank you for your candor and artful expression on this website.
I am a chiropractic medical student on sabbatical, mostly because of my financial woes while in school. My website includes a blog Medical Student Success Strategies to which I recently posted an article on the subject of financial distractions. I mention it here because it is related to your mission, particularly in the prevention aspect of school debt.
Keep up your important work here! Best wishes.
LMB
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