plus the article recited 401k withdrawal, not loan.

Right you are. Brain is running at half-speed today.

And this was not some enlisted man with only a high school education.

A doctor, which implies that he has had access to information regarding finances. It doesn't mean he used the information, just that he had access to it.

Although, people who don't have a higher education can still be careful with their money. Getting the degree doesn't automatically make them careful in regard to reading contracts. When I rented my apartment I sat there in the real estate office and read the lease. The agent said it was the first time in all his years of renting apartments that he saw someone read the lease.

Nancy