[Free and download] The Student Loan Scam: The Most Oppressive Debt in U.S. History and How We Can Fight Back






 | #236818 in eBooks |  2009-02-01 |  2009-02-01 | File Name: B001T9N3MS


||61 of 61 people found the following review helpful.| Legalized Loan Sharking Courtesy of Congress|By Frederick S. Goethel|My daughter is in her senior year in high school and I am trying to learn as much about the various mechanisms available to finance her education as I can. I was really stunned to read about all the problems with student loans and how Congress has given the banks and loan guaranty organizations a free ticke|From Publishers Weekly|Think credit-card debt is a problem? Take a look at the lives ruined through the corporate thug tactics, usurious fees and vicious harassment employed by some of the nation's largest student-loan providers in this shocking exposé f

The Student Loan Scam is an exposé of the predatory nature of the $85-billion student loan industry. In this in-depth exploration, Collinge argues that student loans have become the most profitable, uncompetitive, and oppressive type of debt in American history.

This has occurred in large part due to federal legislation passed since the mid-1990s that removed standard consumer protections from student loans-and allowed for massive penalties a...


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