|
Sallie Mae sounds like a naive and barefoot hillbilly girl but in fact they are a ruthless and aggressive conglomeration of bullies located in a tall brick building somewhere in Kansas.
— David Sedaris, “The Santaland Diaries”
If you’re a typical college student, you may not realize it, but they’re there.
Sitting in the desk next to you in class. Hiding behind a keg at a frat party. In the audience at your graduation. In an nearby cubicle at your first job.
And, when you can ignore them no longer, confronting you, hands greedily outstretched, when you open your first paycheck.
Though many students go through school idly, blissfully unaware of their spending, federal student loans from the U.S. Department of Education are a reality –– and they eventually have to be paid back.
“The student loan industry is a multi-billion-dollar industry,” said Frank Ramirez, financial aid and scholarships counselor and outreach...
|
|
