Student loan cronyism

A reporter with Watchdog.org reveals more government-finance cronyism operating through a “private” organization called Sallie Mae. Two problems here: young people have been propagandized to believe they must spend four years in college (many stay for five or six years “working” on a diploma) to get a good job, and the federal government makes it easy for them to go into excessive debt to attend–not to mention that most students don’t get their monies’ worth for the time they spend.

http://watchdog.org/127888/student-loan-debt/

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About R. E. Smith Jr.

Mr. Smith writes essays and commentary on politics, American history, environment, higher education and culture. He's been published in print media and at blog sites for about 25 years. Smith's formal education includes B.S. and M.S. degrees from the State University of New York and Syracuse University. He has earned a 21-credit hour Certificate in Professional Writing from the University of North Carolina-Wilmington. Training/work experience: NYS Ranger School; U. S. Army, Corp of Engineers; soil scientist and forester with USDA; Assoc. Professor at SUNY; real estate agent; small business owner.
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