Posted on 02. Sep, 2010 by admin in Uncategorized

This one, which is more of a graphic article than infographic, is hugely important. What we are doing to our students, that the government is a willing participant in, is outrageous.

Forget credit card debt, our educational loan industry is producing a generation of students shackled with exploding and uncompromising debt. The federal government has stripped students of all consumer protections and rights and when they default, it’s a feeding frenzy for collection agencies. With default rates higher than subprime mortgages, debt that is inescapable, and collection powers only a mobster would envy, the future for our freshman could be disastrous.

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