Sallie Mae Sued, Chairman Drops F-Bombs SLM Corporation, the student loan provider commonly known as Sallie Mae, is in trouble. It’s facing a lawsuit. No doubt the chairman of the company is dropping some serious F Bombs, like he did on a classic investor call back in 2007. Transport with us. Read more More
10 Student Loan Reform Leaders: President Obama and...Me? It’s not everyday you wind up on a list of leaders with President Barack Obama. But HyperVocal’s student loan debt maven Cryn Johannsen discovered that to be the case on Tuesday. What’s the list all about? Find out here. Read more More
Paul Krugman Asked About #OWS Debt Refusal On Radio Show Pay attention to this exchange between a caller and Nobel-winning economist Paul Krugman. It’s noteworthy, particularly in light of the recent brouhaha over the poorly articulated terms of “loan forgiveness” versus a refusal to pay student loan debt. Read more More
Washington Post: “Forgive Us Our Student Loan Debt?” No Thanks! Another op-ed about loan forgiveness?! No thanks, Washington Post. Cryn Johannsen breaks down why redefining the student loans movement is necessary. The language of loan forgiveness is archaic, and that’s why it’s being sloughed off. Read more More
Why We Desperately Need a Debtors’ Strike This is the time to stop blaming the victims who have been destroyed by this devastating economic system. Turn your wagging fingers the other way. Turn your blame towards those who have turned tens of millions of us into permanent, indebted citizens. Read more More
Occupy Student Debt! A debtors strike could be global and have enormous ramifications. Financial institutions will only respond to threats against their capital. Otherwise, they will continue to turn more of us into indebted, jobless nothings. Take the pledge. Read more More
“We Are the 24 Percent” It is a sad day when you receive letters from children who are worried and aware of the student lending crisis. The next time you hear a politician’s platitudinous remarks about the future, about investing in children, remember these letters. Read more More