Sure, but this is $5.75/hr for 40hrs/week with an average month (there are 4.3 weeks in a month). That's $1.50 below the US minimum wage.
Also, how would this be interest only? I think you should make sure that's correct. $12k/yr on a $150k loan is 8% interest, which seems steep for a student loan (that's credit card territory, but maybe I'm just not familiar). $12k/year on $50 (you said elsewhere that they'd forgive $100k) would be 24% interest, which is insanely high.
I imagine that with a degree, even not doing a job related to the degree, you can earn significantly more than minimum wage. Take what you can find and keep looking. Switch jobs if/when you find something better. The economy sucks, taking a job you don't like now isn't a permanent decision and more opportunities will present over time.
Also, how would this be interest only? I think you should make sure that's correct. $12k/yr on a $150k loan is 8% interest, which seems steep for a student loan (that's credit card territory, but maybe I'm just not familiar). $12k/year on $50 (you said elsewhere that they'd forgive $100k) would be 24% interest, which is insanely high.
I imagine that with a degree, even not doing a job related to the degree, you can earn significantly more than minimum wage. Take what you can find and keep looking. Switch jobs if/when you find something better. The economy sucks, taking a job you don't like now isn't a permanent decision and more opportunities will present over time.