Comment: I really can't believe year after year they have the nerve to boast about the huge profits they make off the poor people that have no choice but to utilize their services. I have been repaying a student loan from them for years and cannot see a decrease in the amount that I owe. For every $1000 I pay, the balance is decreased by $100.00. Now does that seem fair. Their interest payments are killing us out there while the board enjoys the benefits. Maybe instead of boasting they can find some way to offer loans on a reducing balance to persons that used their services to go to school to try to better their lives. I now tell everyone I know if they can get their student loan at a commercial bank, DO IT! It's more hassle but its worth it in the longrun. |