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Of course. If the college was otherwise doing well, they would be able to get a loan to smooth over a rough patch.
by solveit 4y ago
Of course. If the college was otherwise doing well, they would be able to get a loan to smooth over a rough patch.
- daniel-cussen 4y agoDon't assume loans are that simple. Everyone assumes they're that simple. They're deadly, it's the compound interest, the intrinsically runaway loan, the situation Hell is based on. It leads to gambling and prostitution for example. All sins.
- feoren 4y ago> It leads to gambling and prostitution for example. That took a wild turn. Does allowing ice fishing on Lake Michigan also lead to prostitution?
- daniel-cussen 4y agoDoes ice fishing as you describe involve debt?
- TapWaterBandit 4y agoI borrowed $10 from a friend for lunch once and within a year I was having to give out handjobs by the waterfront just to pay off the interest.
- daniel-cussen 4y agoI believe you. I mean I know you think you're making stupid-sounding shit up, but you are not. There are real loans like that. There's extra steps in between, the loan shark has game. But borrow $10 from the wrong guy and it will get worse. It can absolutely be that slippery.
- aaron695 4y ago[dead]
- solveit 4y agoI... do not believe the university is particularly likely to fall down that path.