Jean Deaux wrote:
My son has a friend that took advanced computer courses that he had to finance. He will still be paying off the loans when he has retired. That HAS to be criminal, though I must admit, he signed the paper work!
2 comments here. 1.) If that's not an exaggeration about the repayment period, then I'd say they don't know how to borrow/repay money. All they need to do is be aggressive about paying back the principle regardless of the loan agreement. 2.) I'd be concerned about the push by the big IT players (IBM, Microsoft, Google, Social Media Giants, etc.) to replace American workers with Indians/Chinese/etc. who will keep wages down.