Cruel and Inhumane Punishment - "Father Struggles To Pay Dead Son's Student Loans"
I have heard so many stories that are similar to this one. It's infuriating, because it is unjust and cruel and unnecessary. The creation of this system of payday scammers of higher education is despicable, and has no place in our society. And yet they are flourishing and cashing in at the expense of borrowers, their families, and US taxpayers. Meanwhile, the best we can get in DC is quibbling over a student loan rate increase. (And I've made my position clear on that issue in interviews on CNN, HLN, as well as several articles that I've written).
In this case, this father had just buried his son and the higher ed payday lenders came after him for money. Here's part of the story:
In this case, this father had just buried his son and the higher ed payday lenders came after him for money. Here's part of the story:
A few months after he buried his son, Francisco Reynoso began getting notices in the mail. Then the debt collectors came calling.