3P-049 The Student Loan Mafia

The Student Loan Mafia: Based on a book by Alan Michael Collinge called The Student Loan Scam, explains how hard-working, responsible graduates become mired in impossible debt. Reviews the history of a predatory industry that has bribed universities, financial aid officers, and Congress to strip all consumer protections. Details the underhanded tactics, usurious fees, and draconian collection practices that have driven borrowers out of jobs, out of the country, and out of their minds. Gives some biography on Epictetus and the Stoics, and presents elements of the religion started by “Bokonon” in Kurt Vonnegut’s Cat’s Cradle. Elucidates the checkered past of Daylight Saving Time and questions whether it’s saving time or stealing it.  

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