368 karma · joined March 15, 2010
Universities may think they are the government, but I don't see how they acquire such rights, legally. Are students considered the university's slaves?
Keep the money in an FDIC-insured account, and don't worry about the interest. You need to focus on your business.
Look at any great math book. Large leaps of logic are declared 'obvious', and left as exercises for the reader. While such exercises often aren't easy, struggling with such exercises helps you learn. Before the internet provided tutorials for everything, you had to really struggle when you couldn't figure something out. Yet, I think I really learned to program from that struggle.
You learn to find information that isn't spoonfed to you. When you do, you will better be able to dig beneath hype and propoganda, and make up your own mind. Look for clues, and try thinking for yourself instead of getting all the answers from someone else.
Security will probably be challenge. This needs to be done right, but it has great potential for cutting down on fraud. With real identity, scammers can blacklisted, and honest can people can transact business better. Despite the FUD, I think this is actually good government.