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: higher education
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
University of California: Debt for Education
As an undergrad at the University of California-San Diego it was no secret that the Regents, who controlled the operation and decision-making of the university, were involved in some risky business. The Regents, a group of Californians entrusted with the education of 11 undergraduate and graduate campuses, are appointed by the governor. Their appointments are … Continue reading University of California: Debt for Education