Does any Christian college have a theology and ethic of student indebtedness? Never seen one, never heard any administrators discuss the matter. In our educational environment, shouldn’t every Christian institution that deals with debt have a stated one…and operate by it?
From what I hear of College of the Ozarks they seem to.
$35,000 actually isn’t too bad… For a 10 year term, with a 4% interest rate that’s about $350 per month. So it’s kind of like a car payment. Now I have know students who graduated with more than double that, and I can see where that becomes problematic.