Today the Huffington Post is reporting that universities are profiting off of Sallie Mae, a large student loan provider, through direct endowment investments. As horrible as this is, its not news that universities profit from their students massive debt. A few months ago I published a paper on how the University of California uses student … Continue reading Universities profit off of student loans: unfortunately not new news
Tag: Debt
Updates to Great Lakes Twitter Outrage
As more and more learn about Great Lakes social media fail, the Twitter response gets better and better. Some new favorites: @strikedebt @wind2energy asks @mygreatlakes: You're a collection agency posing as a "service provider." Does that sound about right? — Wind2Energy (@Wind2Energy) April 27, 2013 @mygreatlakes am I going default if I don't download your … Continue reading Updates to Great Lakes Twitter Outrage
Great Lakes Social Media Fail
Apparently Great Lakes, one of the largest student loan service providers in the US, is new to social media and wanted to let its customers know they had arrived. Some lenders were shocked when they received the following: Twitter immediately pounced. My student loan company just sent me an email that said if I don't … Continue reading Great Lakes Social Media Fail
