in the cost of student loans and giving them the same interest for schools as the government gives to banks. out by the huffing post details how sallie mae is making a fortune off college private loan s and pensions are making money off sallie mae. a private lender that s been generating enormous profits thanks to soaring student debt and the climbing cost of education. the previously unreported investments means educational professionals profit twice off the same student first by hiking the cost of tuition and then by dividends and higher valuations in sallie mae, the largest student learned and loan servicer in the country. the person who broke this story, ryan from huffing post and ja jahim, huffing post correspondent. great work. what led you to dig into this?
we just spoke to senator elizabeth warren about reigning in the cost of student loans and giving them the same interest for schools as the government gives to banks. out by the huffing post details how sallie mae is making a fortune off college private loan s and pensions are making money off sallie mae. a private lender that s been generating enormous profits thanks to soaring student debt and the climbing cost of education. the previously unreported investments means educational professionals profit twice off the same student first by hiking the cost of tuition and then by dividends and higher valuations in sallie mae, the largest student learned and loan servicer in the country. the person who broke this story, ryan from huffing post and
military members. and on the today show this morning, lisa myers at nbc news spoke with someone getting one of those measly checks. timothy, a trucker, says he s been fighting to save his home since his servicer made a mistake, declaring his family behind on the mortgage when they were not. platt received a postcard recently saying he ll be getting a check. he, too, expects $300. it s kind of like a slap in the face. we ve been trying to work through this for three years now. we ve lost lots. in all, 13 banks will pay $3.6 billion to homeowners under
like foreclosing on homes on people not behind in their mortgage. i ll resay it because it s nuts. banks foreclosing homes on people who have made every mortgage payment including military members. and on the today show this morning, lisa myers at nbc news spoke with someone getting one of those measly checks. timothy, a trucker, says he s been fighting to save his home since his servicer made a mistake, declaring his family behind on the mortgage when they were not. platt received a postcard recently saying he ll be getting a check. he, too, expects $300. it s kind of like a slap in the face. we ve been trying to work through this for three years now. we ve lost lots. in all, 13 banks will pay $3.6 billion to homeowners under
been happening in this country since the great recession and evolved where they re systemically abusing the law like foreclosing on homes on people not behind in their mortgage. i ll resay it because it s nuts. banks foreclosing homes on people who have made every mortgage payment including military members. and on the today show this morning, lisa myers at nbc news spoke with someone getting one of those measly checks. timothy, a trucker, says he s been fighting to save his home since his servicer made a mistake, declaring his family behind on the mortgage when they were not. platt received a postcard recently saying he ll be getting a check. he, too, expects $300. it s kind of like a slap in the face. we ve been trying to work through this for three years now.