+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

I donated my eggs to help pay off my student loans. I made nearly $50,000, but I'm still in debt.

Oct 29, 2023, 18:02 IST
Business Insider
The author while studying abroad.Tina Erickson
  • When I earned my master's degree, I struggled to pay my student loans.
  • In my 20s, I saw ads for egg donors and was curious to check it out.
Advertisement

As a new college graduate trying to break into the competitive job market, a master's seemed like the best way in — maybe the only way in.

Thanks to my parents, I was free of undergraduate student loans, so I thought taking on student loans for my master's degree wouldn't be the worst decision. I enrolled in a program at the London School of Economics and Political Science as an international student.

Now, a decade later, I'm still weighed down by my student loans and no longer work in my field of study. While my master's degree from a well-respected university still holds a lot of weight, I wonder whether it's worth the debt burden I continue to face.

Over the years, I've had to get creative and be resourceful to make a dent in the debt that comes with being a student.

Looking for alternative ways to pay off my student loans, I decided to explore egg donation

As an early-career professional working in international development and political conflict, the lucrative options were slim. I struggled to make student-loan payments to minimize the rising interest rates. For a few years, I eyed the flyers around the university campus and the Craigslist ads online looking for egg donors. Mystified by the concept and eager to supplement my income, I explored the option more in depth.

Advertisement

While I was initially hesitant at the thought of donating my eggs — from the intensive process to the idea of someone else using my eggs to create life — I eventually found a fantastic fertility clinic that helped answer my questions and assuage my concerns.

The process involved a series of health screenings, interviews, and questionnaires to ensure that I was physically, mentally, and emotionally fit to be a donor. I then created a detailed donor profile, complete with pictures, family history, hobbies, and grades — all to help match me to prospective parents. Once I was matched with a couple, the process took a few weeks.

I had several doctor appointments for blood draws and ultrasounds, gave myself daily injections of hormones, and was put under a mild anesthetic on the day of the retrieval. I then needed a few days of rest to recover.

Despite many donations and thousands of dollars later, I'm still in debt from my student loans

As a first-time donor with the clinic, I made $5,000 for my time. While I was initially wary of the process, I got over my fear of giving myself shots and the uncertainty around the temporary changes in my body.

Though the process is not comfortable and takes over my life for a few weeks, I felt empowered with new knowledge about my health, my fertility history, and my ability to help hopeful families, while receiving sizable amounts of money for my debt.

Advertisement

So I continued to donate again and again — and now have donated seven times.

Have my student loans been paid off? No. Despite the money I've received after each donation — rising to a total of about $50,000 — I still haven't been able to pay my student loans off.

For many years, I put my body through physically and mentally exhausting processes and donated hundreds of eggs to pay off a loan for my education. Yet I am still in debt.

I now think there is something fundamentally broken with a system that forces people to choose between pursuing an education and a career, and living free from debt — and to go to extreme lengths such as selling parts of their body to try and erase their debt.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article