Date by which a recent graduate must have a job. On that date the person will no longer have the means to pay for basic living expenses.
MBA Person A: June 13th is my broke date, after that I'm going to have to sell my kidney to pay the rent. You?
MBA Person B: I don't have a broke date, I'm living with my mom.
MBA Person B: I don't have a broke date, I'm living with my mom.
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