Author Archive for Eric Carnegie

I came to the US as a student about 23 years ago with two suitcases and $80 in my pocket. Today I own several houses, a couple of websites, and some other investments.

Federal Student Loans Create Debt Kids

So my son’s college asked my son to borrow some serious money, $5,500 in “Federal Direct Unsubsidized Stafford Loan” and $19,150 in “Federal Direct Parent Plus Loan”, or $24,650 in total. We have to be careful here, else by the…