Connecticut Woman Sells Historic Baseball to Pay off Her Son’s Med School Debt
“Connecticut family selling Lou Gehrig's 1928 home run ball to pay med school debt,” a recent post on CBS Sports, tells the story of one family’s unusual solution to paying back educational loans.
It seems that way back in 1928, a fan named Buddy Kurland went to see his beloved Yankees play the Cardinals. It wasn’t just any game. We’re talking about the World Series here. Babe Ruth was on base and Lou Gehrig belted a homer into the center-field stands. According to CBS Sports, Ruth said that the home run was Gehrig’s most significant home run up to that point in his career.
Apparently Kurland was ready and waiting to catch the ball as it flew toward him in the stands. However, he dropped it. It was scooped up by another fan, who gave the ball to Kurland as a polite gesture. Hey, those times were different, right?
Kurland’s descendants kept and cherished the ball for decades. Then recently Elizabeth Goff, Kurland’s great-niece, decided to auction it off to pay off her son Michael’s medical school debt. According to the article, Michael owes $200,000 and the ball is expected to fetch that much at auction, and possibly more. So there’s a happy ending.
That story, although it is interesting, might not be very useful to you as you try to pay off your college loans. Unless you have a valuable piece of sports memorabilia lying around the house. Or a Rembrant, or a Rolls Royce Silver Ghost, or Winston Churchill’s cigar holder, or something else of great value.
It all goes to prove that educational costs are way out of line. But here’s a piece of advice. Why not look in desk drawers and your attic and your basement? Ask Grandpa to stand up, and find out what he’s been sitting on. Who knows? You might find something lying around that can help you pay off a portion of your loans. Even if you only find a baseball that your Uncle Eddie hit into the stands when he played semi-pro ball back in the 1950s, you can always put it in a Lucite cube and set it on the shelf, and look at it. And you can dream, dream, dream.
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