When I was watching CNN the other day, I came across the quote "debt is slavery".
This exactly explains why I refuse to enroll in a private prestigious design school. I guess to me it's not practical to get a student loan that big (I mean 35k dollars or more) when it doesn't really guarantee you a a better job after graduating. In the current economic condition, everyone is struggling and I learned that no matter how expensive your school, in the field of fashion, you have to start from the bottom. It doesn't apply to everyone - I know some people can get lucky.
So, I'd rather save the money for travel and future schooling in Europe (still dreaming of this). I'm not saying it's a bad decision. If you have the money, then why not? But for me, without any financial support from parents, I just don't think I want to face a future of debt. Insurance expenses are bad enough, add to your usual monthly bills like phone or if you live alone, rent and electricity. I cannot afford it.
True, you pay for the quality of education and in the future, you expect return on your investment (ROI business students). But I'd like to think I can still do good in this chosen field. It will be a lot of hard work trying to climb the ladder. But I'd have to make use of what I have and what I'm given.
I refuse to wear shackles to go to private school. There is another way and I will find it and walk that way.
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