Award Letter

"You, future Princeton graduate, have been AWARDED a financial grant of $20,000 and a loan of $150,000 at 5% interest." That's an award letter. The award you got was a small freebie up front and a huge debt on the back end. And unfortunately, the degree will still cost you another hundred grand beyond this amount. Suggestion: Don't major in French Literature. Bonus Suggestion: if you receive an award letter from a Nigerian Prince, best to ignore it.