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For the record, I am not now, nor have I ever been, a member of the Hitler Youth.

How to repay $120k in student loans – MSN Money

This post comes from Eric Bell at partner site Credit.com. In less than a month, I will graduate from my MBA program at Georgetown University with more than $120,000 in student loans at 7% interest. Six months after graduation, my grace period will end, and I will have to start repaying more than $1,000 per month.

Student-loan debt collectors’ pay criticized – San Francisco Chronicle

Joshua Mandelman made $454,000 in a single year as a student-loan debt collector – more than twice the pay of the U.S.

SoFi’s Mike Cagney Wants to Fix Student Loans – Forbes

Mike Cagney is one of the smartest CEOs I’ve spoken with (and I have interviewed over 150 of them in the last couple of years for my new book, Hungry Start-up Strategy). What makes him so smart

Students loans fail usury test – Asia Times Online

Students loans fail usury testBy Ellen Brown The Social Security program … represents our commitment as a society to the belief that workers should not live in dread that a disability, death, or old age could leave them or their families destitute. – President Jimmy Carter, December 20, 1977

Taxpayers Fund $454000 Pay for Collector Chasing Student Loans – BusinessWeek

Joshua Mandelman made $454,000 in a single year as a student-loan debt collector — more than twice the pay of the U.S. secretary of education.

Sen. Rob Portman says student loan money was used to cover health care reform … – Plain Dealer (blog)

The health care reform bill was paid for, in part, by taking money from students and the student loan system. — Sen. Rob Portman Americans have their reasons for liking or disliking health care reform and its mandate to purchase insurance.

Rob Portman says student loan money was used to cover health care reform – PolitiFact

Americans have their reasons for liking or disliking health care reform and its mandate to purchase insurance. But Sen. Rob Portman mentioned one that was new to us during a conference call with reporters.He was actually talking about student loans, but in answer to a question from WSPD radio in Toledo, Portman said:”The truth is, by the way, you know part of the health care bill is paid for by the administration taking the difference of what (interest rate) they can borrow at, and what most students pay, and putting some of that money into the health care bill.”He repeated that “we took from students and paid for a new entitlement program we can’t afford.” And he rephrased it by saying “the health care bill was paid for in part by taking money out of the student loan system.”Portman’s comments, made April 28, were in support of a Republican proposal to extend low-interest student loan rates (3.4 percent) for another year

Readers: Congress should extend 3.4% subsidized student loan rate – Rochester Business Journal

Rochester Business Journal May 11, 2012 Four out of five RBJ Daily Report readers say Congress should extend the 3.4 percent subsidized federal student loan interest rate for one year. Unless Congress acts by July 1, interest rates on federally subsidized Stafford student loans will increase from 3.4 percent to 6.8 percent, which is the interest rate that was in place prior to 2007

Debt dilemma: Students feel squeeze as loan figures rise – Chicago Tribune

NORMAL — When Marshawana Martin started classes at Illinois State University last fall, she expected to have to borrow money, but not $7,000 for her first year. But the freshman from Chicago already is looking ahead.