Today’s doubling of the government student loan interest rate led to some interesting conversations for me this weekend. A good friend likened those government and private loans to the whole sub-prime mortgage predatory lending scheme: encouraging the loading up of debt by financially unsophisticated people. I think he might be right.
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Higher Ed
2 posts
Over at Crassparenting, I’ve shared my thoughts for parents about how to prepare their students for the college admissions process. Knowing my audience, I thought that Crasstalkers would rather hear the war stories from my odd job.
There are stupid questions: One father asked in front of 600 people if our food service had diet food because his fat daughter couldn’t afford to gain the Freshman 15. Continue reading