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A new approach to financial self-help that actually
Overcome financial shame, get out of debt, and live the life you want to create.
My Student Debt Story
I, Stephanie Bousley graduated from New York University’s Tisch School of the Arts with an MFA in Film Production with almost $200,000 in student loan debt. Three unpaid internships in the film industry later with 8.5% interest compounding constantly, the debt reached about $286,000 at its peak.
I lived in shame and secrecy about my finances. I read a lot of Get Out of Debt books that were all about people being responsible and living frugally until they were out of debt. This advice felt so impossible, for two reasons: #1: Because my debt was so huge, and #2: Because my salary was so small. The books encouraged the adaptation of a life devoid of comforts, cutting back on everything humanly possible and filling every waking hour with full and part-time jobs. I’m no mathematician but it seemed painfully obvious that canceling a cable subscription and never going to Starbucks was not the answer to six-figure debt.
I kept sinking further into debt. I saw no options for a good life. I plunged into depression and seriously considered suicide. I had a master’s from a prestigious school and was a magna cum laude undergrad in college. How had I sunk this low? The debt didn’t just make me feel like a loser, but stupid and un-loveable. I thought I'd never have nice things, get married, own a house, or live without the stress of not having enough money.
In The Press
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