Monday, April 25, 2005

Up, Up, and Away!

Is there a potential disadvantage that I'm missing in the following proposition:

Step One: Secure credit card that accrues frequent flyer miles for cardholder.

Step Two: Pay outlandish school tuition and fees on said credit card.

Step Three: Reap frequent flyer miles.

Step Four: Immediately pay off credit card with student loan money.

Because I kind of think I'm a genius?


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