Student Loan Scams 1 - Sallie Mae, Part 2
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This dude who interupts the interviews is a annoying moron.
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Guaranteed govt. funding for college takes the competition out of the equation. And when competition doesn't exist you get lack of disclosure, the worst service and product, and massive corruption. Consider the competitive market, think of a business that you go into that treats you like gold and does the best to get your service and keep it. Lenders need to compete for the lender's business; otherwise you get all the negatives mentioned above.
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@JogBird Alan Collinge is the guy in the 60m episode. He is the founder of Student Loan Justice dot org.
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It's insider trading. Isn't that illegal?
probrojeffro 3 weeks ago
@probrojeffro "Insider trading" is largely a victimless crime that's only used on people without high level political connections.
DontGoToCollege 2 weeks ago
omg, are you guy on the 60m episode??
JogBird 2 months ago in playlist Student Debt Racket
@JogBird no, that's not me, that's Alan Collinge of Student Loan Justice dot org.
DontGoToCollege 2 weeks ago
Someone please explain this to me...This man keeps bringing up "Well I was told that I will make a million more dollars than the guy without a degree"..Do we really need to looks at statistics for this? People with degrees DO MAKE MORE MONEY! Sure there are others who don't but which is more common? I'm sure this guy got screwed with loans but I happen to know Aerospace Engineers who just got out with a BA and are making over 50K. If they have loans they shouldn't have a problem paying them off
sandsurfngbomber 2 months ago
@sandsurfngbomber Please see me videos The Million Dollar Lie. People with degrees DO NOT make more money just because they have a degree. The degree is not a relevant factor except for a few career choices such as medicine or law. Thanks for your comment!
DontGoToCollege 2 weeks ago