[Part 2] Sallie Mae is the largest student loan company. We look at a 60 Minutes report on Sallie Mae and how Sallie Mae, with the help of government, makes a lot of money off of student borrowers.

Sallie Mae is the largest student loan company. We look at a 60 Minutes report on Sallie Mae and how Sallie Mae, with the help of government, makes a lot of money off of student borrowers.

Consider defaulting on your college loans. FREE ALBUM DOWNLOAD at www.mattkresling.com Is this fruition of my college years, arriving in an envelope, business-size, Sallie Mae Corporation letterhead? This is to inform you that you havent made a payment on your loan since the winter of, italicized, 1997. If at this time you cannot make the monthly payment we set, youll be required to remit to us the balance in full. You know, I dont think Ill pay— what kind of fool would feed the beast that swallows its young? Would feed the beast that swallows its young? Clearly, eightteen isnt old enough to drink but old enough to sign a promissary interesting. Military? Sure, join up. And who can put a pricetag on a top-notch education? How about 000? 000? Well, thats just for the textbooks. But what exactly is the consequence should I refuse to pay? Is there still a Dickensian debtors prison? Oh, there isnt? Well If at this time you cannot make the monthly payment we set, well be required to revoke what every citizen fears: your card for digging your hole deeper in debt to the beast that swallows its young, to feed the beast that swallows its young. Everyone must go to university. Without a good degree, how will you pay the lenders who staked you while attending university? And everyone must grow the university. This is to inform you that Ill never make a payment. This is to inform you that Ill never make a payment to the beast that swallows its young.

Trailer provides a sampling of our efforts (Student Loan Tricksters) to expose the corrupt world of student educational loans and how these lenders, and our own government, are destroying hundreds of thousands of lives every year. Full documentary to follow.

debt is a real pisser, degree or not