Universities profit off of student loans: unfortunately not new news

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

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