Student Loan Debt Crisis and San Francisco Rent in the NY Times
Cortney could move someplace cheaper than her current home city of San Francisco, but she worries about her job prospects, even with her N.Y.U. diploma.
She recently received a raise and now makes $22 an hour working for a photographer. It’s the highest salary she’s earned since graduating with an interdisciplinary degree in religious and women’s studies. After taxes, she takes home about $2,300 a month. Rent runs $750, and the full monthly payments on her student loans would be about $700 if they weren’t being deferred, which would not leave a lot left over.
And I have to wonder about something. It's not that Cortney has $97K in debt, it's not that she earns $22/hr, and it's not even that she foolishly got a degree in religious and women's studies. My main question is "Where is she renting for only $750/month in San Francisco?!!"
Spill it, Corts. Are you shacked up with 11 immigrants in Chinatown or do you live in the 'Loin? I can't imagine anyplace else with such low rents.