<< Longish Weekend | Main | Tidemeover >> July 05, 2005 >> OSAP: the sinkhole of champions I just paid off all my OSAP and now I am horrifically poor. Seven grand to nothing in only fifteen minutes poor. $50 dollars for the next two weeks poor. That's pretty poor, ne? OSAP makes it rather difficult to repay the full amount of your loan, should you happen to have that kind of cash. They are all too eager to put you into some kind of payment plan, whereby you are continually forking over bling over eight hundred years in handy-dandy monthly installments. Meanwhile (and OSAP doesn't like to talk about this), you are paying gigantic fucking interest rates from the second you graduate up to the moment you shuffle decrepitly into their offices in 2805 to pay back that very last dime, or ten-piece simolean, or whatever currency will be called in the distant future. Since convocation, I apparently racked up $75 bucks in interest charges - and that's on a $6500 loan. I can only imagine the sheer terror experienced by those with debts of twenty grand or more. It's true terror, I'll bet. Student Loan terror. That shit is Real, playa! Real! Run away! If, perchance, you want to drop some cash into the gaping maw of your very own Student Loan, and I really honestly truly think you should (unless you think poverty is rad), I highly recommend you call these people up instead of dilly-dallying around the webpage. The webpage is trickery and lies and goatmilk: it will not tell you how to Get Money In The Loan-Hole. It will offer you forms and fax numbers and Flash games where you can punch the snooty dean for a chance to win an iPod Shuffle. The National Student Loan & Forced Backdoor Entry webpage is an evil, tricksy distraction and must be overcome for you to truly purge yourself of any and all Student Loans. However, if you call on the telephone device, you just might have a chance. I am poverty-stricken, but I have no debt. No debt, sadly, does not feed the zombies. I will soon be selling off various household items so I can continue the lavish lifestyle of smoking and eating cans of chili that I have enjoyed for so many years. Posted by Chris at 04:07 PM >> Commentations (10)
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