Student loan orgs looking to nail students
Perhaps the only issue that gets under our skin is how some flaming douchebags want to make money off middle class college students. These are kids who have good enough grades to get into college, but whose parents don’t have the money to pay for school, nor the grades to have a full ride. President George W. Bush, who is one of the dumbest motherfuckers ever to achieve national elective success, managed to get into and graduate from Yale because he had the right last name. Most of us aren’t so lucky.
Hence there are reasons why there’s a portion of the electorate who have paid attention to what has happened over the past few years of Congressional misleadership who are a little pissed off at how elected leaders have sold out to banks and financial service companies. Seriously, why would you fuck over middle class students who are putting debt on their backs to get a college degree unless you were totally bought off? Some elected officials didn’t seem to give a damn.
While the Democratic majority in the Congress has been lame, for the most part, since taking over the legislative branch, it has done a decent job of helping out college students to where they can get a degree without selling their souls to the company store.
Student loan giant Sallie Mae has already spent more than a quarter million dollars (that we know of) on newspaper ads trying to stop the bill, along with at least $3 million on lobbying. Another anti-student aid group hired the PR firm Qorvis Communications that offered to pay “experts” to write op-eds and appear on TV to criticize an investigation into AIG a few years ago.
That’s fucked up. We know people who work at Qorvis, and we thought, while the company makes bank and is a major PR and public affairs firm in DC, it wouldn’t be this evil. Guess not. If you give enough money to those guys, they’ll try to make sure students who are putting tens of thousands of dollars on their back should get nailed to the wall. After all, if you’re a wealthy financial services organization, you should be allowed to prey on kids in their early 20s.
It’s beyond time for college finance to get fixed. Unfortunately, banks have more money than God to fuck over kids so that they can bring in more cash.
