the student loan scam the most oppressive debt in u s history and how we can fight back

Download Book The Student Loan Scam The Most Oppressive Debt In U S History And How We Can Fight Back in PDF format. You can Read Online The Student Loan Scam The Most Oppressive Debt In U S History And How We Can Fight Back here in PDF, EPUB, Mobi or Docx formats.

The Student Loan Scam

Author : Alan Collinge
ISBN : 0807042293
Genre : Business & Economics
File Size : 32. 77 MB
Format : PDF, ePub, Mobi
Download : 414
Read : 986

Download Now


The founder of StudentLoanJustice.org examines the student loan industry, exposing the predatory tactics used by lenders, the lack of protection for borrowers, and the need for progressive changes in the industry.

The Student Loan Scam

Author : Alan Collinge
ISBN : 9780807096727
Genre : Education
File Size : 78. 12 MB
Format : PDF, Mobi
Download : 834
Read : 1185

Download Now


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 and draconian wealth-extraction mechanisms to collect this inflated debt. High school graduates can no longer put themselves through college for a few thousand dollars in loan debt. Today, the average undergraduate borrower leaves school with more than $20,000 in student loans, and for graduate students the average is a whopping $42,000. For the past twenty years, college tuition has increased at more than double the rate of inflation, with the cost largely shifting to student debt. Collinge covers the history of student loans, the rise of Sallie Mae, and how universities have profited at the expense of students. The book includes candid and compelling stories from people across the country about how both nonprofit and for-profit student loan companies, aided by poor legislation, have shattered their lives-and livelihoods. With nearly 5 million defaulted loans, this crisis is growing to epic proportions. The Student Loan Scam takes an unflinching look at this unprecedented and pressing problem, while exposing the powerful organizations and individuals who caused it to happen. Ultimately, Collinge argues for the return of standard consumer protections for student loans, among other pragmatic solutions, in this clarion call for social action.

The Student Loan Scam

Author : Alan Collinge
ISBN : 0807042315
Genre : Business & Economics
File Size : 83. 14 MB
Format : PDF, ePub, Mobi
Download : 413
Read : 884

Download Now


An in-depth exploration and exposé of the predatory nature of the student-loan industry An Indie Next Notable Title Named one of CNN Money’s 2008 financial heroes, Alan Collinge argues that student loans have become the most profitable, uncompetitive, and oppressive type of debt in American history. In an unprecedented analysis of this $85-billion industry, Collinge covers the history of student loans, the rise of Sallie Mae, and how universities have profited at students’ expense, and includes stories from people whose lives have been shattered as a result.

Bankrupt Your Student Loans And Other Discharge Strategies

Author : Chuck Stewart
ISBN : 9781425928551
Genre : Music
File Size : 36. 19 MB
Format : PDF, Docs
Download : 377
Read : 910

Download Now


Despite the proliferation of computer indicators, the professional trader recognizes that success in trading still depends on a person's ability to read, anticipate and react to market movement. But how do you define something that can change more often then the weather? The answer is to use the geometry of the market itself. Channel Surfing presents one of the most definitive methods for establishing the geometry of any market, enabling a person to exploit the bias between buyers and sellers. Price rarely moves in a straight line and so channels provide the ultimate momentum indicator, outperforming many of the most popular indicators in use today. The beauty of it is that it doesn't require you to suffer through large draw downs in order to realize a profit. In fact, it is so effective that it is probably the very best approach for beginning traders and those with very little capital. So just imagine what an experienced and well-funded trader can do with it! As you read this book you can expect to discover and learn: The basic concepts of Channel Surfing, presented in a way that is easy to understand and easy to apply. Why channels are a natural phenomenon and how to take full advantage of this. How to take the basic concepts of Channel Surfing and catapult it into an even more powerful method of trading using advanced techniques. Additional methods of reading the geometry of the market that add to your success. For both novice and professional traders alike Channel Surfing provides a solid foundation for understanding the language of the markets. It is an exceptionally powerful technique that has the ability to adapt to the personal trading style of the individual trader and dramatically improve their success.

The Student Loan Mess

Author : Joel Best
ISBN : 9780520276451
Genre : Education
File Size : 21. 48 MB
Format : PDF
Download : 744
Read : 701

Download Now


"Student loan debt in the U.S. now exceeds $1 trillion, more than the nation's credit-card debt. This timely book explains how and why student loans evolved, the concerns they've raised along the way, and how each policy designed to fix student loans winds up making things worse. The authors, a father and son team, provide an intergenerational, interdisciplinary approach to understanding how, over the last 70 years, Americans incrementally, with the best intentions, created our current student loan disaster. They examine the competing interests and shifting societal expectations that contributed to the problem, and offer recommendations for confronting the larger problem of college costs and student borrowing in the future"--

The Student Loan Mess

Author : Joel Best
ISBN : 9780520958449
Genre : Social Science
File Size : 28. 83 MB
Format : PDF, ePub, Mobi
Download : 498
Read : 906

Download Now


This illuminating investigation uncovers the full dimensions of the student loan disaster. A father and son team—one a best-selling sociologist, the other a former banker and current quantitative researcher—probes how we’ve reached the point at which student loan debt—now exceeding $1 trillion and predicted to reach $2 trillion by 2020—threatens to become the sequel to the mortgage meltdown. In spite of their good intentions, Americans have allowed concerns about deadbeat students, crushing debt, exploitative for-profit colleges, and changing attitudes about the purpose of college education to blind them to a growing crisis. With college costs climbing faster than the cost of living, how can access to higher education remain a central part of the American dream? With more than half of college students carrying an average debt of $27,000 at graduation, what are the prospects for young adults in the current economy? Examining how we’ve arrived at and how we might extricate ourselves from this grave social problem, The Student Loan Mess is a must-read for everyone concerned about the future of American education. Hard facts about the student loan crisis: • Student loan debt is rising by more than $100 billion every year. • Among recent college students who are supposed to be repaying their loans, more than a third are delinquent. • Because student loans cannot be discharged through bankruptcy, the federal government misleadingly treats student loan debt as a government asset. • Higher default rates, spiraling college costs, and proposals for more generous terms for student borrowers make it increasingly likely that student loan policies will eventually cost taxpayers hundreds of billions of dollars.

Higher Education In America

Author : Derek Bok
ISBN : 9781400866120
Genre : Education
File Size : 54. 31 MB
Format : PDF, ePub, Mobi
Download : 496
Read : 896

Download Now


Higher Education in America is a landmark work--a comprehensive and authoritative analysis of the current condition of our colleges and universities from former Harvard president Derek Bok, one of the nation's most respected education experts. Sweepingly ambitious in scope, this is a deeply informed and balanced assessment of the many strengths as well as the weaknesses of American higher education today. At a time when colleges and universities have never been more important to the lives and opportunities of students or to the progress and prosperity of the nation, Bok provides a thorough examination of the entire system, public and private, from community colleges and small liberal arts colleges to great universities with their research programs and their medical, law, and business schools. Drawing on the most reliable studies and data, he determines which criticisms of higher education are unfounded or exaggerated, which are issues of genuine concern, and what can be done to improve matters. Some of the subjects considered are long-standing, such as debates over the undergraduate curriculum and concerns over rising college costs. Others are more recent, such as the rise of for-profit institutions and massive open online courses (MOOCs). Additional topics include the quality of undergraduate education, the stagnating levels of college graduation, the problems of university governance, the strengths and weaknesses of graduate and professional education, the environment for research, and the benefits and drawbacks of the pervasive competition among American colleges and universities. Offering a rare survey and evaluation of American higher education as a whole, this book provides a solid basis for a fresh public discussion about what the system is doing right, what it needs to do better, and how the next quarter century could be made a period of progress rather than decline.

The Real College Debt Crisis

Author : William Elliott
ISBN : 1440836469
Genre : Business & Economics
File Size : 30. 75 MB
Format : PDF, ePub
Download : 309
Read : 959

Download Now


Is it still worth it for low-income students to attend college, given the debt incurred? This book provides a new framework for evaluating the financial aid system in America, positing that aid must not only allow access to higher education, but also help students succeed in college and facilitate their financial health post-college.

Neoliberalism S War On Higher Education

Author : Henry A. Giroux
ISBN : 9781608463503
Genre : Education
File Size : 49. 21 MB
Format : PDF, Mobi
Download : 262
Read : 747

Download Now


Neoliberalism’s War on Higher Education reveals how neoliberal policies, practices, and modes of material and symbolic violence have radically reshaped the mission and practice of higher education, short-changing a generation of young people. Giroux exposes the corporate forces at play and charts a clear-minded and inspired course of action out of the shadows of market-driven education policy. Championing the youth around the globe who have dared to resist the bartering of their future, he calls upon public intellectuals—as well as all people concer ned about the future of democracy—to speak out and defend the university as a site of critical learning and democratic promise.

Creditocracy

Author : Andrew Ross
ISBN : 9781939293398
Genre : Business & Economics
File Size : 74. 65 MB
Format : PDF, ePub, Mobi
Download : 699
Read : 898

Download Now


It seems like pretty much everybody – homeowners, students, those who are ill and without health insurance, and, of course, credit card holders – is up to their neck in debt that can never be repaid. 77% of US households are seriously indebted and one in seven Americans has been pursued by debt collectors. The major banks are bigger and more profitable than before the 2008 crash, and legislators are all but powerless to bring them to heel. In this forceful, eye-opening survey, Andrew Ross contends that we are in the cruel grip of a creditocracy – where the finance industry commandeers our elected governments and where the citizenry have to take out loans to meet their basic needs. The implications of mass indebtedness for any democracy are profound, and history shows that whenever a creditor class becomes as powerful as Wall Street, the result has been debt bondage for the bulk of the population. Following in the ancient tradition of the jubilee, activists have had some success in repudiating the debts of developing countries. The time is ripe, Ross argues, for a debtors’ movement to use the same kinds of moral and legal arguments to bring relief to household debtors in the North. After examining the varieties of lending that have contributed to the crisis, Ross suggests ways of lifting the burden of illegitimate debts from our backs. Just as important, Creditocracy outlines the kind of alternative economy we need to replace a predatory debt-money system that only benefits the 1%.

Top Download:

Best Books