If there was ultra-easy financing for cars - say, via government agencies, like college financing, then an entry-level micro-car would soon cost $50,000! And anyone with a driver's licence could get such a loan, or maybe two, whether they could afford the payments or not. Easy credit leads to sleazy pricing - for anything, including all costs of an education. It's just like the rent-to-own furniture companies, except the merchandise (degrees) is different. Or maybe like the ninja-loans mortgage bubble...
Despite this, the mere existence of a bad, or badly-administered scheme is no excuse for the individual stupidity of signing up for it, especially when one knows exactly where it leads. And if one doesn't - one ought to. Unfortunately, stupidity is not curable - as a doctor once sadly informed me, shaking his head.
J
Despite this, the mere existence of a bad, or badly-administered scheme is no excuse for the individual stupidity of signing up for it, especially when one knows exactly where it leads. And if one doesn't - one ought to. Unfortunately, stupidity is not curable - as a doctor once sadly informed me, shaking his head.
J
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