Tuesday, May 09, 2006

Student Loan Justice

Law Loans are often the chains of bondage that trap hoards of young people into years of crushing white-collar slavery. With non-dischargeable student loan payments often in excess of $1,000 monthly, one has little choice but to put up with the exploitive antics of Anita and Alfred Youngwood. There is a reason why people subject themselves to working with dead cockroaches and in sweatshops right out of the 19th century:

"Since 1997, student loans have become the most profitable, uncompetitive, oppressive, and predatory type of debt of any in the nation. This has occurred due to legislation that was paid for by the the lobbying machine of Sallie Mae, the largest student loan company in America. Vast personal fortunes are being made by both Sallie Mae executives, and others who paid for this legislation, at the expense of decent citizens who were not able to capitalize on their education. This has effectively crippled MILLIONS of decent citizens who want to repay their original debt, but are prevented from doing so by staggeringly higher amounts being demanded from them by both "non-profit", and for-profit student loan companies. This has truly created a swath of economic destruction across our land."

"According to Harvard Professor Elizabeth Warren in a Wall Street Journal piece by John Hechinger last year, "Student-loan debt collectors have power that would make a mobster envious."

Anyone who has the gumption to walk off Anita's project and anyone who dares to tell that abusive sidekick of hers to go to hell will have to contend with an angry mobster from the student-loan industry. Can anyone say leadpipe?

http://www.studentloanjustice.org/

6 comments:

Anonymous said...

Student Loan Justice is no better than the lobbyist movement by student loan companies. You all want things your way at a great cost to taxpayers.

Instead of bankruptcy, why not figure out some different alternatives. Be creative, use that degree of yours that set you back.

Alan Collinge has no reason to cry about his loans. He received 3 engineering degrees, had a job, and threw it all away. Now he wants to just turn his back on his loans. What a joke. Read more about him and other deadbeats at StudentLoanJusticeExposed

Anonymous said...

Let me use my education to call "anonymous" out for what's called an "Ad Hominem Attack" (attacking the man, not the argument).

Sallie Mae, as you well know, is a PRIVATE COMPANY making obscene money off of the government, students, and the American taxpayers. IT is the leach, not the students trying to get an education and contribute to society and to the country.

Your outrageous profits are gotten for a net input to the system of nothing, and it is in the national interest to have an educated citizenry who en mass contribute to society, rather than just wildly raping it for their personal financial gain and pleasure, as you do...

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