Kevin’s Story on the Student Debt Trap at Iona College

Photo Credit: Ben Sathre

I believe sharing our stories can create powerful change. Thank you, Kevin, for willingly sharing the difficulties you experienced as a result of taking on immense amounts of student debt and finding no suitable career after graduation:

I began taking classes at Iona College in September of 2002 and graduated in April of 2007.  During this four and a half year period, Iona provided a poor quality of education that did little to nothing in preparing me for a job upon graduation, while simultaneously setting me up for a lifetime of debt and hard, physical labor.  The money that I borrowed to attend Iona put me in a terrible financial situation that I am still struggling with to this day.  After receiving financial aid and scholarships, and working various jobs on and off campus, I still had to borrow approximately $40,000.00 to cover the cost of tuition.  What was especially difficult was that Iona set up its enrollment contract to prevent students from transferring or leaving. Students who enrolled for any given semester would also be forced to cover the costs of the next semester, even if they didn’t plan on attending Iona during the next semester.  So anyone who wanted to transfer to another school or take a break from college altogether would still be on the hook for the next semester’s costs, making it unreasonable and next to impossible to escape.

I earned A’s and B’s during my time at Iona and graduated with a 3.4 GPA.  Despite earning respectable grades, Iona did not provide any services one would expect from a college or university.  For example, the tutoring center did not have adequate personnel, so it was never open.  I expressed interest in doing an internship in each of my first three years, and my academic advisor and the person in charge of the internship program both told me that internships were reserved exclusively for seniors.  Imagine my surprise when I turned on the TV one night and my sophomore classmate was participating in Howard Stern’s Intern Beauty Contest.  I managed to land an internship during my senior year to work at the same radio station that served as the flagship location for Howard Stern’s radio show at the time. Two weeks before it was scheduled to begin, Stern left the station, and the station immediately cancelled all internships. I notified the school and they did nothing to help, despite the situation being completely out of my control. They told me to take a class at a local community college during the summer so I could graduate, which I did.  About three weeks later, the front page story of the Ionian (the student newspaper) ran a story about nine Iona students landing an internship at the 2006 Winter Olympics. Seven of the nine students were underclassmen. The application process for this internship was still open after my previous internship fell through. However, it was never mentioned to me and was never advertised on any flyers on campus.  

I began my job search a year in advance of graduating. I sent out resumes, made phone calls and attempted to schedule interviews. I was unable to find a position, and asked the school for help. In previous years, I had asked about job fairs, resume writing workshops, and for help with my resume and job search. No such help existed for me or for the majority of students. Iona College had no career center, no resume writing workshops, and no job fairs with Fortune 500 companies, despite being located less than 10 miles from New York City. When I was finally able to meet with a job counselor, she wasn’t able to answer any of my questions, and spent about 10 minutes with me building a profile on Monster.com. I accumulated $40,000.00 in debt, graduated with a 3.4 GPA and worked multiple jobs to attend a school in which the only service they provided was referring me to Monster.com.  

When I enrolled at Iona, I did so because of promises made by the school in its official publications when I was in high school. Iona once had a partnership with American Express in which students who did well enough in classes could intern at American Express and then work there upon graduation. This partnership and school to work program was prominently advertised in all of Iona’s literature, on the school website and even on a giant billboard right outside the entrance to the campus.  This relationship was advertised beginning in 2002, when I first enrolled, all the way up to 2007 when I graduated (including a billboard). The program had expired in 2001.  Iona falsely advertised a relationship with a major Fortune 500 company for at least five years. The reality is that Iona had no partnerships with any major companies while I was a student. Students were completely on their own in terms of finding work.  

I needed to pay bills and the best job I could find was in a warehouse, stacking and packing boxes and picking items, for 12 hours each day, with no air conditioning in the summer or heat in the winter. I worked five and sometimes six days a week, for minimum wage with no benefits. The work was absolutely back breaking. Every part of my body was in constant pain, from head to toe. The hard labor was so exhausting and taxing that a girl I worked next to collapsed on the job and was taken away in an ambulance. Eventually I had to leave the job without anything else being lined up. I still have back pain and pain in my joints to this day.

Thankfully, I am in a much better position, but my fate could have been a lot worse. Students need to understand that colleges will lie to them, and that those lies carry lifetime consequences for the students. I would encourage any student wanting to attend college to go to a community college first and save some money working a part time job before transferring to a brand name school.  

No one should ever go through what Lauren and I went through. 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s