PBS Special Looks Into the Student Loan Debt Problem

Clearly, this debt program is a racket. This special report delves into how lenders, such as Sallie Mae, have incentive to encourage deferments and forbearance, because the loan then begins accruing interest on, not only the principle, but also the interest itself. Once a person gets to certain point of debt it begins to be almost impossible to pay back with the wages they are earning.

Print Friendly, PDF & Email

DISCLAIMER
The views expressed in this article are solely those of the author and do not necessarily reflect the opinions of Wag the Truth. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Wag the Truth has no affiliation whatsoever with the originator of this article (unless it was written by an owner of Wag the Truth) nor is Wag the Truth endorsed or sponsored by the originator.

Please read our Comment Policy before posting. It is unacceptable to slander, smear or engage in personal attacks on other commenters and authors of articles posted on WTT.

Leave a Reply

Be the First to Comment!

Notify of
avatar
wpDiscuz