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February 7, 2011 4:50 pm at 4:50 pm
#737509
SJSinNYC
Member
Should someone supporting a child or SIL in Kollel no longer be eligible for a scholarship?
Absolutely. But I bet you knew that 🙂
IMO, scholarships should be moved to loans that must be repaid on a schedule, starting from the day the child graduates from high school. This way, the school has a continuous revenue stream.
It will also encourage fiscal responsibility because people will have to consider if their new car is worth being more and more in debt to the schools. [This should be a legal, 0% loan and inheritence should first go to pay off the loans]. Rare exceptions will be given.