Trajan
conscientia mille testes
Interesting discussion at lunch yesterday with some young teachers. They were sharing stories of friends who use their "financial aid" checks to buy luxury items. Apparently the govt. is giving students more money than they actually need for school.
Their older, wiser colleague (me) interjected with "And this surprises you?"
absolutely. My daughter told me she has a few friends that borrow at the max student availability, and use their work or mommy daddy money ( since they get a grant and that and a few bucks pays their tuition) to buy stuff on credit, run up their cards then use the loan money to pay it off, since the loan is given directly to them.
when I went, and took loans for my abortive college ed., citibank made the loan, they sent the check to me, but, made out in the name of the college. I had to send them a copy of my class schedule proving I was full time student.
Now, the kids get the money direct and do with it what they wish, not realizing or caring ( becasue they are showered with messages of hey in a jam gov. will help you out of it) they are borrowing from their future and now we are supposed to pay for their spring breaks and shopping sprees? Uhm no.