2 Comments

The part about the AISVN story that I still don't understand is how those parents thought the school would ever be able to repay the loan. Even with interest in that 90-day period. If the school needed all that money to function, where/when did the parents think the profit was going to turn so dramatically? And why would a school let you study for free? If your loan is going to overhead, again, where is the profit?

What am I missing? Every time I read about it, my brain hurts.

Expand full comment
author

I agree - granted I don’t have kids, but it seems like madness to me.

Expand full comment