Student Loans Default The movie about Student Loans.
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Uploaded by Macwildstar on Dec 25, 2008
This is the trailer for the soon to be released movie "Default, the movie about the truth of student loans". Learn More at www.defaultmovie.com or visit www.studentloanjustice.org
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i found some great guides on studentloansportal . org regarding student loans . they did helped me a lot
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There isn't going to be a recovery. Half of the people are still paying off their credit cards and the other half are getting themselves into massive new debt in the form of student loans.
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jhnblngr, you make an excellent point! Perhaps that would finally get the government to wake up and not take such a blasie approach toward the predatory lending practices that go on ion the student loan industry! Lets all default on our student loans, and make the industry pay for their crimes! (I am just speaking out of anger here, but who knows, might work!)
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student loans have become the least favorable financial product on the market. Yet people are still insisting that investing in higher education is the "smartest" way to move forward in life. Volunteering your children to indentured servitude is considered abominable when people in India do it.
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I honestly hope this film changes the publics awareness of these loans
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And I want the investors and execs to go down hard too. I have been paying these things for over 20 years now, and I am not even close to paid off. Jerks.
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Many student loan debtors feel like they will never retire. Looks like many employees of Sallie Mae won't either. Sallie Mae stock (SLM) is down from a high of 58 two years ago to about 10 today. So if any Sallie Mae employees invested their 401K in SLM, they just lost their retirement money. COOL!
waverly2468 3 years ago 3
you think we have seen revolutionaries in the 60's wanting to change the establishments views. you have not seen anything yet. if your current college educated populace decides to walk away from their student loans it will be a bigger default than the housing crisis is now. i suggest the interest on all student loans be set, or reduced to 3%. usury, even if sanctioned by law, is still usury.
jhnblngr 3 years ago 3