“Student loans have become the most profitable, uncompetitive and oppressive type of debt in our nation’s history,” says Alan Coolinge, founder of StudentLoanJustice.org and author of The Student Loan Scam: The Most Oppressive Debt in U.S. History–and How We Can Fight Back. He will join Talk Credit Radio on Friday, June 17, 2011 to explain how and why he says:
- Student loans have fewer consumer protections than any other type of consumer loan.
- The Department of Education enjoys collection powers for student loans that are greater than any other debt instrument.
- The government actually profits from defaulted student loans that loans that are paid on time.
- What parents and students need to know about fighting back.
Alan Coolinge was named one of seven “Financial Heroes” by CNN/Money Magazine in December 2008. Student Loan Justice, the group he founded, and its members have been featured in numerous news stories including 60 Minutes, 20/20, The News Hour, CNBC, and many other television programs, print media including the New York Times, Wall Street Journal, Washington Post, Fortune Magazine, and The Chronicle of Higher Education. If you have a question about defaulted student loans, call into the show at 941-954-1280 or send your question by email to creditexperts (at) credit.com.
Also joining Talk Credit Radio this Friday: Credit.com’s Editor in Chief, Michael Schreiber. In his former life he was one of the producers of The Secret History of the Credit Card, a documentary by FRONTLINE and The New York Times. The groundbreaking program revealed, for the first time, the techniques used by the credit card industry to earn record profits by getting consumers deeper in debt. The film won an Emmy, the duPont and a number of other awards and it prompted some of the financial regulation going on today. Now Michael manages Credit.com’s editorial team, which produces stories every day about how to better use and understand credit.
Tune in to Talk Credit Radio:
Talk Credit Radio airs live every week on WTMY 1280 between 3-4 pm Eastern time/ 12 – 1 pm Pacific Time.
Ask a question! Call into the live program at 941-954-1280 or send your question by email to creditexperts (at) credit.com.
Update: Listen to the podcast from this week’s show »
Student Loan Scam »
Secret History of the Credit Card »