This makes me furious. I was too rich to qualify for juicy low interest loans or any grants, and with my demographics you can guess how many scholarship opportunities were available for me. So I worked out a deal with parents, I got about a 25K loan from them by the time I finished college and worked all the hours I could and paid it back as fast as I could after college. For years almost every extra dollar I had went to paying my parents back.
And now, these minorities who got interest free government backed loans just get a get out of jail free card.
oh wait it isn't free, it's government debt that I now have to pay in inflation or taxed directly.
and then one day for no reason at all...
Ditch the USD.
It makes me angry too. I put myself through technical school and paid for it out of my own pocket. I'll be damned if I'll pay for some jerkoff's Art History degree so he can make me a latte and not have to pay his loans back.
(post is archived)