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Sallie Mae Not JulyJul 26 2021 01:00pm - JulyJul 29 2021 01:00pm

SALLIE MAE NOT is chapter One in the untold SCARED TO DEBT story of how the US Government set up a system of greed that gutted student loans of consumer protections leading to the skyrocketing cost of tuition and indenturing millions through predatory lending. Rolling Stone’s Matt Taibbi discovers Alan Collinge, author of The Student Loan Scam, a dedicated stalwart who turns from scientist to activist when he is wrongfully thrown into default by Sallie Mae. Collinge warned, in 2006 on 60 Minutes, how this same scheme continued to throw millions of students, parents and colleges over the cliff. No one paid much attention and despite today’s headlines of privilege, scandal, greed and blame, the predatory lending system designed to indenture millions, especially women and people of color, remains hiding in plain sight.

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