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I think this quote from her sums up the problem: "I had no concept of money." Followed by this exchange: "So how much do you pay a month all togethe

• PragmaticPulp 6y ago
  She said her starting balance was $80K. Paying $1000 per month would have paid off the entire balance before the claimed ten year period. The numbers don’t work at all. I think it’s more likely that she’s exaggerating for effect in order to go viral. She’s attempting to raise $30K to publish a zine, according to the interview. The author of the linked article is also trying to profit from the story by selling a subscription sub stack with these stories. These misinformation campaigns feel like a new version of Fox News or scary e-mail forwards from grandma, except these are targeted at younger generations. The worst part is that exaggeration isn’t even necessary. They could simply highlight the rising costs of education using normal, honest examples without burning their credibility in attempts to go viral.
  • simonblack 6y ago
    The numbers don’t work at all. She wouldn't have stopped spending, negating much (most?) of her payments. There is very likely a lot of missing information in the article. The figures aren't important per se, they're likely just for illustration purposes. She doesn't have to prove her point, she's just giving us her insights into the unexpectedly high costs of living. We've all been there, done that. As in "Right! Who's going to win this month's lottery to get my outstanding debts paid?"