[nabs-l] financial aid

[Carly Mihalakis]

Good morning, Beth,

How on earth, in addition to paying some kina rent, utility bills 
etc. and maybe eating something is it responsible to subject oneself 
to debt by faceless corporations who are usually already bloated with 
poor people's money, too? Thank you NO! School ain't worth it. Grants 
or nothing, yawl . 52 AM 7/25/2012, you wrote:
>I don't think anything is understood here.  Loans are evil.  For 
>some people that is.  Loans put you in debt and I can't afford debt 
>if I'm unemployed for a while and on SSI.
>Beth
>
>----- Original Message -----
>From: Bill <cassonw at gmail.com
>To: National Association of Blind Students mailing list <nabs-l at nfbnet.org
>Date sent: Wed, 25 Jul 2012 08:24:42 -0600
>Subject: Re: [nabs-l] financial aid
>
>I think it is extremely unfair to make these statements about loans.
>While it may be true that some members of our society cannot take out
>loans for one personal reason or another, or choose not to, does not
>make them worthless.  Loans, especially those offered by the US
>federal government can be a very useful tool to help afford college
>expenses.  As with financing a car or house, the borrower needs to be
>aware of their financial situation and likely earning prospects when
>determining whether to take out loans and if so, how much to borrow.
>I found the subsidized federal stafford loans helpful for college
>because I could take out a several thousand dollar loan, that would
>not accrue interest as long as I was a student.  This allowed me to
>make payments towards it throughout the term as I earned money and
>make significant dents in it during the summer when I was able to work
>full time.  I am currently a grad student and only have about 2
>thousand in loan debt, which I still am not accruing any interest on.
>Loans are how most students afford college, and just like any other
>loan, such as a mortgage, be a wise borrower will probably keep you
>out of trouble.  Loans are just another tool in life, and like almost
>every tool, if used correctly can be a great help, but if used
>incorrectly can cause great harm.
>Bill
>
>On Wed, Jul 25, 2012 at 7:28 AM, Beth <thebluesisloose at gmail.com> wrote:
>This message regards financial aid.  Wasif, you said FAFSA won't pay if my
>GPA is below    2.0.  Well, I have SSI and can't pay for school even with
>loans.  Loans aren't worth crap, and government loans aren't worth crap
>either.  I say this because some students, even Muslim students, can't pay
>the loans back because interesft is considered Riba, or evil.
>You can't
>borrow money from banks due to religious reasons, and that's the truth for
>some people.
>Beth
>
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>
>--
>Bill Casson
>University of New Mexico
>M.S. Computer Science
>Lewis & Clark Alumnus '11
>B.A. Physics and Math/Comp Sci.
>(505) 695-1374
>cassonw at gmail.com
>
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