... Like, for example, your grad school won't release your transcripts to prospective employers. Because you owe them ONE DOLLAR. Which you would certainly have paid if they had actually charged you the fine while you still lived there, instead of sending a bill which promptly got lost three months later.
Can I get a good old-fashioned job-market AAAUUGGHHH?
Am teaching Spenser. I got a "how would you teach Spenser?" question on my doctoral exams, Lo These Many Years Ago, and wrote a long response that could be summed up as "I'd tell the students all about Ariosto and how he was much cooler." (The professor who set the question was not impressed.) Much to my shock, I seem to have learned to like Spenser in the meantime. I'm not sure my students are impressed.