Just my random ponderings here. I know someone has had to have thought of this before and I'd just like to know the reasoning behind it...
That said, the school loans for most of us here are going to be several thousand a month. Just for the sake of easy math, lets say you paid $2,000 a month for 12 months comes to $24,000. However, if you went to a community college and signed up for 6 credit hours each semester that'd cost probably less than $100 a credit or $1,200 for the year. If you are looking at $250k in loans like most MDs or PharmDs are, you'd have to pay $1,200 a year for 208 years before you'd come close to that $250 (and that doesn't even consider interest). So, the question is, why don't you hear of people doing this? I'm sure some view it as unethical, but for those that don't, what stops them from doing it?
That said, the school loans for most of us here are going to be several thousand a month. Just for the sake of easy math, lets say you paid $2,000 a month for 12 months comes to $24,000. However, if you went to a community college and signed up for 6 credit hours each semester that'd cost probably less than $100 a credit or $1,200 for the year. If you are looking at $250k in loans like most MDs or PharmDs are, you'd have to pay $1,200 a year for 208 years before you'd come close to that $250 (and that doesn't even consider interest). So, the question is, why don't you hear of people doing this? I'm sure some view it as unethical, but for those that don't, what stops them from doing it?
