I had to secure a summer loan against my grandparents assests to graduate 6 months earlier because my parents didn't have the credit. It's likely if I had to se

I had to secure a summer loan against my grandparents assests to graduate 6 months earlier because my parents didn't have the credit. It's likely if I had to secure my entire loan debt that I likely wouldn't have gotten a phd or finished college under different circumstances. Take this to it's conclusion and this guy is securing his loan against his parents house which gets repoed. A company's loan is frequently secured against the assets of the owner. The dog fish head brewing in the documentary on it secured his new building against his house, which he would lose if the factory went under. This guy sounded like he had the option to continue working in a high paying field and chose not to.