A crisis in student loans?

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  1. DeDude commented on Oct 15

    This is another case of disgusting predatory capitalism and why certain activities should not be left in the hands of unregulated for-profit corporations. These bastards present themselves as “the solution” to an unsophisticated audience of poor young people who want to escape the gang-infested hoods they live in. Then they use the federal governments guarantees of this private sector predation to harvest huge sums of money without ever delivering on the product of “a way out of poverty and the hood”. Losers are the federal government that allowed and approved loans for attending these unproven “educational” institutions – and big time the young people who’s background didn’t allow them to see the scam for what it was until it was too late.

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