Thursday, December 18, 2008

Want to See Steam Come out My Ears?

I hope that this is a case where consumer/market pressure will cause Sallie Mae to reverse their asshole decision.

On July 19, not long before his unit was to ship out, McVey's motorcycle was blindsided by a car driven by an 84-year-old woman near Camp Lejeune, N.C. He was killed instantly. He was 23 years old.

John McVey went through his son's things. Cluttered bureau drawers. Photographs and memories. He also had to settle Ian's college loans. He wrote to the lenders, asking that the debts be forgiven. Two wrote back, saying they would forgive the loans.

The third, Sallie Mae, the government-created college loan provider that privatized its operations in 2004, refused.


If I still had a loan with them I'd be transferring it. Even if it was with a higher rate. The people they "serve" aren't just numbers, they are humans.

And unlike the bailout for the big three automakers, a "bailout" for the father of this marine would do some actual good.

Found via Rachel Lucas.

1 comment:

Sandee (Comedy +) said...

Big business is all that matters anymore. It's a shame this had to happen. Was the marine married? Why would dad have to pay for the loan if his son was 23? Just asking.

Have a terrific day. Big hug. :)