Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
Should be noted that 1. Sallie Mae is entirely private now. 2. USA doesn't back private student loan debt (e.g. Sallie Mae loans). 3. DOE doesn't buy private loans. They just buy the servicing of public loans. 4. ECASLA shit is just old. It doesn't affect new loans since, like 2010. System is goofy but not anywhere near as goofy as the infographic suggests. And it's really only goofy in the same way mortgages are: people decided they need college educations, so the government had to create a ton of regulation to get people that shit!