Creston Davis, co-founder and director of GCAS, says it straight:
Debt has a heavier impact than anything you will study accruing it.
There is a joke about the problem of reading a book completely out of context.
A man was looking into the Bible for some guidance. Not knowing where to look, he simply opened the Bible randomly and point his finger at a passage. Wherever his finger lands, he will take as advice.
Here’s the first: “Judas went out and hanged himself”. Not knowing what to make out of that, he tried again.
This time it is: “Go and do likewise.” Completely baffled, he tried a third time.
“Whatever you are to do, do so quickly.”
One of the first insights I picked up on in college was the importance of context. Context determines meaning, a lesson easily learned from this well-worn joke about the Dalai Lama.
The Dalai Lama walks into a pizza shop and says, “Can you make me one with everything?”
Context sets the table, if you will…
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