My college roommate found our first adult apartment, an unbelievable duplex, in Center City. It was perfect in many ways—dishwasher, washer/dryer in the bathroom, elegant spiral staircase, directly above an independent bookstore.
Last week, I wrote a post about what professors typically earn at 1,251 colleges across the country, and a few of you who work as adjunct professors noted that your pay is pretty awful in comparison.
Our pals at Planet Money asked a bunch of economists to give some graduation advice to the batch of college graduates who will be applying for jobs and entering the workforce soon.
This summer, I lived with a revolving cast of roommates, one of whom was going to go to law school in September. One night, my roommate mentioned that he was going to go through law school so he could "meet the right people," and then he said he'd apply to med school because that was his real passion. I may have choked a bit when he said that. I was in college for seven years because I did a master's program in English literature, followed by a Master of Library and Information Studies.
Student loans come into your life so easily—just sign on the dotted line, and you’ve got money. And then you graduate, and have to get a job so you can pay back the money you borrowed and spent for the past two or 11 years. How do people do it? And why didn’t I know?