How to Afford Wars

* Graduate debt 'is underestimated' *
Students and their parents are severely underestimating the level of debts they will incur while at university, a survey suggests.
Full story:

http://news.bbc.co.uk/go/em/-/1/hi/business/4717239.stm

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Tony Blair has also discovered that back loading debt on to the backs of coming generations is the way to fund wars. Pardon my cynicism here, but one of my classmates is practicing bankruptcy law and I refer students to him who have found themselves too much in debt to swim their way out. Needless to say for students particularly in our U.S. private colleges and their families, the debt level is far higher than that of British graduates now. What a crime to so burden our futures! Academic administrators, are you listening?
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"A war is just if there is no alternative, and the resort
to arms is legitimate if they represent your last hope." (Livy)
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Ed Kent 718-951-5324 (voice mail only) [blind copies]
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