the truth about student loans

what happens to your student loans when they get sold. they tack on 25% in fees every time your loan is sold making it impossible for anyone to pay

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[edchaos2]

MrSlacker. seems to be an old hippie communist. ever wonder why they call them hippies? The term hippie is short for hypocrite...

[spikefivefivefive]

While I'm in the same boat as many of the people here, there is something misleading in the video. A social security entitlement like "disability" can never be garnished. That is the only circumstance under which a student loan can be discharged with bankruptcy. I guess my experience with SM wasn't really that bad at compared to some of the others

[edchaos2]

only disability can get you out of student loans, and only those who have terminal cancer. If you are missing a limb, youre gonna pay. The depiction is sarcastic, and should have been clear to anyone with student loans.

[waverly2468]

I'm not sure what's worse--the Nigerian money transfer scam or the student loan racket in the U.S.

[4merCIA]

Your government is fucking up your life. They brainwash you into studying for example, computers 4 years 2 get a degree. When you graduate you're heavily in debt-then the (excuse my worthless 10 years of college education)fucking sonsofbitches allow the computer jobs to all be transfered overseas 2 foreign countries such as Communist China!Top of all this,when I was teaching in college in Indiana,the fucking Dean told me I HAD 2 give passing grades 2 blacks or my contracts wouldn't be renewed!

[screwsalliemaedebt]

I think everyone here needs to detach emotionally from your credit report.  You will be fine without credit. Also work for yourself and have control of your money.

[carpetburn23]

@Jessecraft1954 I agree with you completely. I also see that the government in this case the judicial system just like many government agencies, are not in the business of being fair. They are in the business of making more senseless policies and laws to be able to keep their jobs, through revenue. Anybody that does not support it, by not getting into trouble is the enemy to their system.

[carpetburn23]

If you are contemplating taking out student loans and have any type of felony on your record, DO NOT DO IT. You will have very few job offers and be in debt forever.

[bigrel12]

we must think outside the box to pay off our student loans. My wife and I have over $63,000 in student loan debts. We decided to ask people for help.

thestudentloanmarathon . com

[Quixotepr]

Was the purpose of the student loans to get our people educated so USA can compete in this tough capitalistic world, or was their purpose so that companies like Sallie Mae profit obscenely from people who wanted to be productive? Yes, it is tax payers money, but we cloth, feed, and house criminals in penitentiaries at about 60k a year and nobody complaints. The government is responsible to get its talented people educated, if not then the lack of professionals in the future will be our demise.

[tswagg504]

I should have just started selling drugs out of high school

[MrOldSlacker]

Why is it that every video on youtube concerning Sallie Mae is like an ex-Scientologist telling people to run for their lives if approached by that cult?

Could it be that Sallie Mae is a SCAM? Could it be that CEO Albert Lord is taking your hard earned money and building an 18 hole golf course with it?

Ah,preditory capitalism! Fuck your friends, kill your parents and have a nice day.

[sfordgg]

sallies a prostitute and gives lousy head