[nabs-l] financial aid

[Carly Mihalakis]

Good afternoon, Listm,

Nice premise  but how often does that plan not materialize, and a 
person is thrown into debt? Good idea yet, not entirely practical!
>Well the idea is that the loan will enable you to go to college, which
>will eventually help you to be employed and pay back...
>
>Sent from my iPhone
>
>On Jul 25, 2012, at 8:55 AM, Beth <thebluesisloose at gmail.com> 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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