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Bob Sullivan

Corporate sneakiness. Government waste. Technology run amok. Outright scams. The Red Tape Chronicles is MSNBC.com's effort to unmask these 21st Century headaches and offer real solutions that save you time and money.

Bob Sullivan covers Internet scams and consumer fraud for MSNBC.com. He is the winner of multiple journalism awards for his coverage of online crime and author of Gotcha Capitalism: How Hidden Fees Rip You Off Every Day and What You Can Do About It. and Your Evil Twin: Behind the Identity Theft Epidemic.

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Graduate struggles with mountain of debt

Posted: Thursday, May 21 2009 at 09:18 pm CT by Bob Sullivan

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Sarah Fightmaster describes her fight with debt. CLICK TO PLAY


Drowning in debt, like so many young college graduates in America, Sarah Fightmaster struggles to keep her chin up while credit cards and student loans drag her down. It all started, she says, when she applied for her first credit card as a 19-year-old college student so she could get a free DVD player. In this video, Fightmaster tells her own story.

CLICK TO PLAY VIDEO

Fightmaster, now a lawyer in Brooklyn, describes in this video how a family tragedy -- the death of a grandmother -- helped keep her afloat, thanks to an inheritance. Still, she struggles just to make her minimum payments on credit cards and loans.

With NBC producers Blayne Alexander, Hilary Guy, Sabina Mohan and editor Ed Eaves.

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