Book Review: The Student Loan Scam: The Most Oppressive Debt in U.S. History and How We Can Fight Back by Alan Michael Collinge
Alan Michael Collinge's first job as an aerospace engineer did not pay him quite enough to keep up with the payments on the $38,000 of student loans that he'd accumulated earning his degrees. Before he knew it, he was pulled into a vortex of debt, default and collection, and within seven years of graduation, his loans had ballooned to over $100,000 due to penalties, fees, collection charges and compounded interest. ...