Ripping Off Young America: The College-Loan Scandal
The federal government has made it easier than ever to borrow money for higher education – saddling a generation with crushing debts and inflating a bubble that could bring down the economy… (Continue to full article)
The Great College Loan Swindle
How universities, banks and the government turned student debt into America’s next financial black hole. On a wind-swept, frigid night in February 2009, a 37-year-old schoolteacher named Scott Nailor parked his rusted ’92 Toyota Tercel in the parking lot of a Fireside Inn in Auburn, Maine. He picked this spot to have a final reckoning with himself. He was going to end his life… (Continue to full article)
I Asked an Expert to Explain How I Could Get Out from Under My Mountain of Student Loan Debt
Student loan debt is a f**king scourge. It leaves countless recent college grads struggling to keep their heads above water while simultaneously trying to find steady employment, and makes it impossible for many young people to begin saving for the future. As someone who is almost $100,000 in debt, a pile that’s only growing despite my making payments every month, I have a vested, uh, interest in figuring out how to untangle this clusterf**k… (Continue to full article)