As Americans across the country struggle to pay off their student loan debts—a whopping $1.6 trillion nationally—often working multiple jobs and sometimes declaring bankruptcy to protect what little assets they have left, the people authorizing those loans at one of the largest lending companies in the United States, Sallie Mae, are getting rewarded with a free trip to Maui.
Paige McDaniel, 39, described to NBC News the reaction she received from Navient—a lending company created as an off-shoot from Sallie Mae in 2014 —when she was hit with a $1,500 a month bill for the $120,000 loan she took out to get her Master's degree. "When I told them that, you know, I couldn't afford that, could we make some payment arrangements, they essentially said, 'So sorry, we'll put a lien on your house and garnish your wages if you don't make those payments,'" McDaniel told NBC News."There's no way anybody can ever dig themselves out from underneath that," said McDaniel."They just don't see that there are families on the other side of this.
As the cost of college soars, the nation's largest private student loan company is celebrating a record year of lending.Watch this story on
Gross.
A financial institution being criticized for exploitation? NO WAY!
Student loan debt they signed the notes on. They are adults and need to suck it up and pay it. We did.. Quit holding their hand and tell them grow up.
Crippled by choice, and yes, I am one of them.
I can’t help but wonder how many of those students had good much lower cost public university options but instead opted for much higher cost private universities?
And the University Presidents that set these prices just giggle as they drink Champagne this afternoon in the suites at football games on campus......
Guess Doral wasn't available
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Sallie Mae Flew 100 Employees To Hawaii, And You Still Have Student Loan DebtSallie Mae, the private student loan lender, flew more than 100 employees to Hawaii to celebrate $5 billion in student loans. I have clicked on 2 interesting articles you posted. The webpage was so riddled with ads I couldn't event read the articles. Seems more 'spammy' then the Forbes I'm used to.. Maybe an article about the university system continuing to increase prices while curriculums change very little. All Hail Mighty Devos
Source: Forbes - 🏆 394. / 53 Read more »
Sallie Mae Flew 100 Employees To Hawaii, And You Still Have Student Loan DebtSallie Mae, the private student loan lender, flew more than 100 employees to Hawaii to celebrate $5 billion in student loans. Nobody forced anyone to go to college. They willingly chose to take out loans This is wrong and should be looked into by the attorney general office isn’t this taxpayers money isn’t this government money Boo
Source: Forbes - 🏆 394. / 53 Read more »
Sallie Mae celebrates at luxury resort while Americans struggle with student loansExecutives and employees from the student loan servicer were celebrating with a paid trip to a Maui resort after a record year of some $5 billion in loans to 374.000 borrowers. While employees were being rewarded, many student borrowers are finding themselves in a desperate position. As long as their business is not illegal, why does it matter how they award their employees? Your tax dollars at work This is why so many people won’t be paying back their student loans. They shouldn’t have to
Source: NBCNews - 🏆 10. / 86 Read more »
Sallie Mae execs tan at Maui retreat while student debt crisis tops $1.6 trillionAs borrowers struggle to keep up with their payments, Sallie Mae flew more than 100 employees on its sales team to Hawaii to celebrate $5 billion in sales. The student loan organization that demands co-signors to almost everyone. Then charges insane interest. Rancid nutsacks No words, just 🤦🏽♀️🤬🤯🤬🤯🤬
Source: NBCNews - 🏆 10. / 86 Read more »
Molly-Mae Hague looks dramatically different as she shows off her 'lion mane'The Love Island star sported a crimped hairstyle instead of her usual iconic bun or signature waves Gigglechops74 🤣🤣
Source: Mirror Celeb - 🏆 476. / 51 Read more »
Sallie Mae Flew 100 Employees To Hawaii, And You Still Have Student Loan DebtSallie Mae, the private student loan lender, flew more than 100 employees to Hawaii to celebrate $5 billion in student loans. I have clicked on 2 interesting articles you posted. The webpage was so riddled with ads I couldn't event read the articles. Seems more 'spammy' then the Forbes I'm used to.. Maybe an article about the university system continuing to increase prices while curriculums change very little. All Hail Mighty Devos
Source: Forbes - 🏆 394. / 53 Read more »