The article recounts a college student's experience in 2007 during the onset of the recession. While studying Environmental Science at FIU in Miami, the sudden increase in living costs placed immense strain on the student, who was financially independent and working two part-time jobs to avoid student loans. As expenses skyrocketed, stress levels rose, resulting in panic attacks. As the student wrestled with the day-to-day financial challenges and the vibrant social life of Miami, they began to doubt their long-term prospects post-graduation, worrying about perpetual renting and the inability to save for a house.
I was in my third year in college in 2007 and I was working to graduate without debt. The effect of the recession hit me overnight.
Since I had already been living month-to-month, the increased expenses led me to feel a massive amount of stress.
I began to think a lot about what my future would hold if I continued to live in Miami. Even after graduation, I couldn't see a lot changing.
There was always a party to go to, a last-minute dinner invitation, or a concert I wanted to attend, so the minimal cash I had leftover after my bills got paid seemed to go out as quickly as it would come in.
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