Monday, April 30, 2001

There's something creepy about My


There's something creepy about My Rich Uncle. Instead of providing kids with crippling student loans, they make "investments" in students, in return for which, said students are expected to pay a royalty on their post-college earnings for a decade or more. Does this strike you as a form of indentured servitude? Four years of Ivy League school at $20k per means you give MRU up to 40% of your income for the next fifteen years.
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posted by Cory Doctorow at 05:53:58 PM permalink | Other blogs' comments

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