Sallie Mae workers loosing jobs that exploit college students.

Wow, I'm wondering if I should change the name of this blog to include the thousands of students that have been victimized by the predatory exploitation of the students by the student loan industry.

Now that the Government is eliminating the middle man, we are starting to see just how many people depended upon making their lively hood on the backs of students!

2 different news articles reported in the same day.

www.indystar.com/article/20091019/OPINION01/910190312/1002/OPINION/Direct+student+loans+would+lack+quality+service.

For example, The INDY STAR has a letter to the editor claiming that government direct student loans would lack the quality of service that was given to students by this person - who happens to work at Sallie Mae. Ah ha! So that is what this is. The same company that for years has been exploiting students. Well I for one am glad this person is loosing their job. Time to go find a honest job that doesn't exploit people. And what is even better, is this person is a Sallie Mae Employee. Good.

And on the same day, the sunsentinel.com reports that yet another group of Sallie Mae jobs is about to be threatened. (GOOD! -ed)

With unemployment at 11 percent in the Sunshine State, the concern on everyone's mind is jobs. This concern has particular significance for the 700 Sallie Mae employees in Florida, because our jobs are in jeopardy. But it is not the bad economy that's threatening them — it is our own representatives in Washington that are planning to legislate out hundreds of quality jobs.

The common thread here is Sallie Mae, corp loosing jobs. And the exploitation of students whose payments pay for all those parasites at Sallie Mae. No wonder college costs skyrocketed.