3.04.2009

New way to pay

Though I'm not sure I like the idea of mortgaging 20 years of my life for school loans, the reality is that most students have to do that anyway. Former New York Governor Eliot Spitzer suggests retooling the college loan system, having graduates pay a fixed percentage of their income (whatever their income) for 20 years rather than a fixed-rate repayment. Interesting.

1 comments:

Jennifer said...

Isn't Eliot Spitzer the guy that was in that scandal last year or a couple of years ago? So why are all these guys who have shady ethics the ones who people look to to solve the countries money problems. What does Scripture say about the Wise and the Foolish? Everything is so discombobbulated these days.

jenny