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student loan

The Nefarious Hidden Costs of Debt

August 13, 2009

“Felix qui nihil debet (happy is he who owes nothing)” – Roman Proverb
Debt is this century’s version of indentured servitude. Historically, indentured servants traded their freedom for safe passage to another country. If they couldn’t pay enough to secure their ticket to the “New World,” another person would pay their passage in exchange for 3-7 [...]

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