Tuesday, April 10, 2007

Snitch of the Week: 4/1 - 4/7 (Student Loan Sharks)

(Owns the next 20 years of your life)

It turns out this boring little story I peeped in the beginning of last week in the Times is now a pretty big deal.

It started off with the Attorney General of N.Y., Super Mario Cuomo investigating colleges that were allowing loan companies to answer financial aid calls from students so they could rip them off without a middle man.

Now there is word that Department of Education officials owned stock in student loan companies that they helped out while running the federal loan program.

Meanwhile over the last 5 years, Bush has cut the amount of the FREE money given away in Federal Pell Grants, which means more loans for yo broke ass.

What a coincidence.

Fuck Pacman Jones and Don Imus.
Wave away the smoke and climb a few steps up that ladder and see who's tangibly fucking up your life.

I never trusted the goddamn Financial Aid Department and now I know why. Andrew Cuomo, for paying off my students loans, you are the Snitch of the Week.

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