It is natural to hate people whom you believe have been given more than they deserve. I will be the first to admit that I take comfort in the fact that my loans at least shield me from the stigma that my achievements must be due to Affirmative Action. I get to join the student loan club, a race neutral organization and it endears me to my own people who associate a large part of their identity with struggle. Lonely indeed are the members of the darker nation who know no indebtedness for they are almost universally despised. And that’s a shame.

Recently I received a number of posted and unposted comments from medical types who are getting their tuition bill footed by the family. One of them, rather than being overly defensive simply wrote that it was done for him so that he could do it for his own kids one day and that there was no sense in paying all of that exorbitant interest. I found that to be an interesting notion.  Are we as Americans an extended family?

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Hi Kids. People have been commenting that there has been less useful information and more paranoia, idiocy and douche-baggery in recent posts SO yours truly has decided to start at the beginning with this simple principle: You are taxed on what you make, and you pay interest on what you borrow. If this simple truth does not inform your big picture than you are hopelessly at risk of over borrowing.

Now I know what you’re thinking, if you got into a school good enough to merit borrowing to attend, then you should be able to add and subtract right? I am sure each of us has made decisions that are different from what we would have chosen as our answer if our situation had been presented to us as a word problem on the SAT.

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