Home > Tag Archives: gambling

Tag Archives: gambling

Student Loan Money-Don’t Use It To Buy an Iguana

It’s back to school time again. Twenty million Americans attend college each year. Sixty percent of those students will borrow money to help cover expenses. As I’ve mentioned before, you need to decide if your college degree will be worth the money. If you are attending college for the sake of attending and have no clue what you want to do with your life, going into debt with student loan money is a bad idea. If you know your college education is going to further your career or lifestyle, then there’s no shame in having student loans. However, students, you really need to think hard about how you are going to spend that student loan money. Spending student loan money for non-educational expenses will come back to haunt you someday. Check Please! It’s been a while since I’ve been in school, but the loan process worked like this. We had loan disbursement day where you went into a room with a school official who gave you a bill for your tuition and fees. That money got subtracted from your loan amount, and you were handed a check for the balance. This was supposed to pay for housing, books, and other ...

Read More »