[geeks] Q: Regarding Linux in K-12 education

[Lionel Peterson]

On Jan 18, 2010, at 7:48 PM, "Joshua D. Boyd" <jdboyd at jdboyd.net> wrote:

> Lionel Peterson wrote:
>>
>> If he has 10 years to pay them off, that's over $1,300/month to pay  
>> off the principle (no interest)... Twenty years would be $700/month  
>> plus interest...
>>
>> Yikes!
>>
>> That's a lot Benjamins! (who was neither a president nor secretary  
>> of state, shame on you, you Philly ex-pat! ;^)
>
> So, basically loan payments on a $160,000 of theater school look a  
> log like slavery?

No, indentured servitude.

In this kid's case he choose to go study theater and agreed to borrow/ 
pay back $160,000 for the privlige. There is no way this kid ever sat  
down and thought through the ramifications of borrowing $40,000/yr for  
four years before going off to college. If he did think it through and  
still decided it made *financial* sense, then the K-12 school system  
failed him.

Note the emphasis on the word 'financial'...

IMHO.

Lionel