Not everyone lives in areas served by a bus system... none of the paperwork I have ever seen has spelled out any of this like that... it may depend on the school you are attending. I don't know, I haven't found the law or any official statement by the Dept of Ed. on it.

> Not everyone lives in areas served by a bus system..

Totally not related to the discussion. The rule does not say "If you live in a place served by busses, you cannot buy a car with student loan money"

My point is I'm not sure it is actually a rule- I can't find anything official that says that it is a rule. If it is a rule, it is a stupid one- but that is indeed a different discussion.

I agree with the rule. It's meant to discourage people from buying massive expenses with a loan that cant be discharged with bankruptcy.