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The Student Loan Scam: The Most Oppressive Debt in U.S. History – and How We Can Fight Back

Alan Collinge never imagined he would become a student loan justice activist. He planned to land a solid job after college, repay his student loan debt, and then simply forget the loans ever existed. Like millions of Americans, however, in spite of working hard, Collinge fell behind on payments and entered a labyrinthine student loan nightmare.

High school graduates can no longer put themselves through college for a few thousand dollars in loan debt. Today, the average undergraduate borrower leaves school with more than ,000 in student loans, and for graduate students the average is a whopping ,000. For the past twenty years, college tuition has increased at more than double the rate of inflation, with the cost largely shifting to student debt.

The Student Loan Scam is an exposé of the predatory nature of the -billion student loan industry. In this in-depth exploration, Collinge argues that student loans have become the most profitable, uncompetitive, and oppressive type of debt in American history. This has occurred in large part due to federal legislation passed since the mid-1990s that removed standard consumer protections from student loans-and allowed for massive penalties and draconian wealth-extraction mechanisms to collect this inflated debt.

Collinge covers the history of student loans, the rise of Sallie Mae, and how universities have profited at the expense of students. The book includes candid and compelling stories from people across the country about how both nonprofit and for-profit student loan companies, aided by poor legislation, have shattered their lives-and livelihoods. With nearly 5 million defaulted loans, this crisis is growing to epic proportions.

The Student Loan Scam takes an unflinching look at this unprecedented and pressing problem, while exposing the powerful organizations and individuals who caused it to happen. Ultimately, Collinge argues for the return of standard consumer protections for student loans, among other pragmatic solutions, in this clarion call for social action.

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The Little Book of Hindu Deities: From the Goddess of Wealth to the Sacred Cow

In The Little Book of Hindu Deities, Pixar animator Sanjay Patel brings to life Hinduism’s most important gods and goddesses in fun, full-color illustrations, each accompanied by a short, lively profile. The stories of Hindu mythology cover everything from love and jealousy to petty grievances and epic battles, with characters ranging from monsters and demons to noble warriors and divine divas. Find out why Ganesha has an elephant’s head (his father cut it off!) and why Kali, the Goddess of Time, is known as “The Black One” (she’s a bit goth).

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FatWallet Leads the Way for Best Tax Software Deals and Tax Advice in 2012

Beloit, Wisconsin (PRWEB) March 03, 2012

FatWallet, the preferred online shopping resource for millions of savvy consumers, presents Tax Software Deals featuring the hottest deals and coupons for 2012. The promotional page, along with a comprehensive up-to-the-minute tax software summary in the FatWallet Hot Deals forum, features current coupons and offers from tax software merchants, including the lowest available prices on the highest rated tax software packages. The promotion also features additional savings with cash back for FatWallet members from dozens of online resources including H&R Block, TurboTax, TaxAct and Intuit Quickbooks.

“We receive an extensive amount of excellent tax information throughout the FatWallet site all year long,” states FatWallet spokesperson Brent Shelton. “Centralizing all of the deals, coupons and associated cash back in one location allows consumers to quickly compare and make smarter purchasing decisions without having to visit dozens of sites.”

FatWallet offers visitors other helpful tax-time resources such as practical savings and tax tips in the FatWallet Blog. The heralded FatWallet Finance forum is an indispensable resource for more detailed tax advice with hundreds of topics and discussions offered from top finance forum gurus across the nation. Topics include advice for home office deductions, working abroad issues, IRA claim options, new payroll tax cut tips, scams, state/federal deadlines and predictions for 2013.

About FatWallet: As the preferred online shopping resource for millions of savvy consumers, FatWallet.com works closely with hundreds of retailers like HP, Newegg, Walmart and Amazon to publish thousands of special offers, discounts, coupon codes and Cash Back rewards to its members. The much celebrated FatWallet forums represent the pulse of an evolving online marketplace where smart consumers gather to share and learn. Voted ”One of the 50 Best Small and Medium Companies to Work for in America” by Great Places To Work®, FatWallet ranks as one of the top 600 internet properties in the nation. (Quantcast)

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