Another cautionary debt story

notre_dame_AL
Thu, 23 Oct 2008 22:54:03 +0000

Loans are not Financial Aid in my book. I don’t care how low the interest rates are! Financial aid is just that-Aid. Does aid mean that it has to be repaid? When our country gives aid to countries around the world whether it is from natural disasters or other, I don’t think we expect repayment. Financial Aid does not mean loans. The sooner more people realize this, the better off new prospects for admissions/financial aid will be. Perhaps, if you cannot afford that prestigious uni, then maybe rethink applying? The whole Financial Aid process needs an overhaul at colleges and unis, in my opinion. Perhaps with the economy where it is, there will be more tune-ups to the process!