Their latest reach is into the pockets of low- and modest-income college students who need federal student aid to help with today's ever-growing education costs. For decades, this financial assistance has come in the form of simple checks written to the students by the aid program or administered directly by the schools.But, of course, this straight forward simplicity begged the obvious question: How can Wall Street grab a chunk of this student education money?
it's rigged against us and has been for years. they get more and more emboldened with every object of social help is cracked and they siphon the money leaving the college kids deeper in debt and now they are trying to allow loan % to double,
these kids don't have an ice cube's chance in hell before they get out of school let alone make that first dollar.this is the republican way, no resemblance to the American way. still want to give your vote to this?
the entire system needs to be scrapped with special attention paid to the laws that allow this type of legal robbery, so the new laws would not allow this disgraceful rampant greed of those who have the money, the money they got doing this to "we the people"Some 900 campuses have signed card deals with such outfits as Wells Fargo and Higher One. These high-flying financiers grin from ear to ear as they line their pockets with tens of millions of dollars a year that they siphon from the public fund meant to extend America's educational opportunities.
