Not sure why this isn't getting more play. Colleges and Universities are basically taking advantage of the poorer students and writing off their losses regularly while breaking down students who have to pay and pay and pay after graduating. THere is a trememdous discrepency here. SO?
It's not just higher education taking advantage: it is also Sallie Mae, the US govt., the collection agencies, the "credit repair" people, the lenders, the sub-lenders, the people that collections hire to find debtors, and the list goes on and on
The reality is this country is heading down facist lane in a fast and furious fashion. The ruling class could not possibly care less about students. Stop being poilite about this and get into the friggin streets and show some spunk like we did in the sixties.
I agree - tell me where to start, Joe! We are organizing... want to help?
Yeah, remember thousands of us out there protesting against the Vietnam war, and now where is everyone? Sooner or later there is going to be chaos; people are getting fed up with seeing the corruption in our civil servants, CEO's paying minimum wage and raking in millions for themselves, etc., I could go on and on. People need to stop being SHEEP, do some critical thinking and start writing letters to local, state reps., just DO SOMETHING.
You rescued the banks, automobile, and wall street; give us our rescue now, the students!
Meanwhile, the former Mayor of San Diego steals from charity to fund her gambling habit and gets a slap on the wrist.
She better not
I saw that. I thought no one could top Bill Bennett, who pissed away $25 million, but she takes the cake, eats it, and gets 100 more.
Hi Alan, I was told by the Fed. Student Loans, Sallie Mae, that I did not qualify for IBR because I was only working part time. I explained to Sallie Mae, after I had to practically yell to get the woman to listen, that I was hire full time but because of medical conditions I could only work part time right now. She put my loans in defferment. This still doesn't help in the long run it merely delays the pain.
and increases your principal, therefore your payback
This should NEVER have been removed in the FIRST place! While Congress achieves very little, the things it does push through often do little for "the People" and more for large corporations!
I was not going to sign this petition as I have a fundamental belief that what you borrow you should repay. However, after reading the comments--particularly Stacia Kingston's comment--I realize that these loans have turned into predatory procedures against the recipients. The greed of these lending institutions cannot be overstated. I disagreed with the bank bailouts and now I disagree even more. The banks and lending institutions need to be held accountable for their disreputable...
I was not going to sign this petition as I have a fundamental belief that what you borrow you should repay. However, after reading the comments--particularly Stacia Kingston's comment--I realize that these loans have turned into predatory procedures against the recipients. The greed of these lending institutions cannot be overstated. I disagreed with the bank bailouts and now I disagree even more. The banks and lending institutions need to be held accountable for their disreputable behavior and decisions. Consumers, especially students, need to be protected from this predatory loan process.
I've been haunted by a student loan like a cancerous sore for twenty plus years, and it won't go away, no matter how much money I send them, enough is enough!
Our children are "drowning" in student loan debt! Please help them, like you've helped others.....
Student loan rules are more restrictive than the IRS, even they will negotiate a lower pay-off. There is something VERY wrong with the limitless powers of Sallie Mae and Direct Loans.