The "bonus" is a loan with the interest disguised as a tax.
Wow. There's cartoonish evil, and then there's irredeemable evil.
Thanks for the clarification. Running the numbers, the advance on your pay comes to less than a dollar an hour over the four years of work. Even with that factored in, it's still about half of minimum wage for the states that have the lowest rate.
A part-time minimum-wage job will get you less in terms of raw dollars, but nobody is shooting at you (unless you're in a Vibrant and Diverse part of the country, but that's another story).
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