BTW, the law school she goes to does not allow their juris doctorate students to work while attending. They strong arm the students to take out loans. It's one of the best law schools in the country. They want their graduates owing big when they graduate. I have no idea why, but I can guess.
We won't let that happen though.
Interesting. There is a lot of corruption in academia, to be sure. I remember talking to one bunch of people who recognized my daughter's abilities and were virtually drooling and panting at the prospect of funding her college education. They knew where the money was and how to get it. But they reminded me so much of crooked real estate brokers, I couldn't bring myself to attend a second meeting. I raised her on a widow's budget, no handouts, no charity, and no mercy from anyone, and these covetous people are swearing they just want to help her realize her potential. Suuure they are!
The people who are doing the skimming, don't talk, but it's definitely happening. I hope someday, someone turns that rock over and has a good look at the system.
The reason graduate schools encourage the use of loans is simply to ensure no one works during that time. It is okay to pay in cash or to have other loan options, but there are too many group assignments and intense expectations during those school years. Half of my grades were dependent on group efforts in grad schools. If these people had a part-time or full-time job on the side, my grade would have gone down.
Money cannot be left as a concern while in such intense schooling.