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Home / News / Sallie Mae Celebrates At Luxury Resort While Students Struggle With Loans | NBC Nightly News

Sallie Mae Celebrates At Luxury Resort While Students Struggle With Loans | NBC Nightly News



Executives and employees from the student loan servicer were celebrating with a paid trip to a Maui resort after a record year of some $5 billion in loans to 374.000 borrowers. While employees were being rewarded, many student borrowers are finding themselves in a desperate position.
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Sallie Mae Celebrates At Luxury Resort While Students Struggle With Loans | NBC Nightly News

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12 comments

  1. Here in India, i paid $800 for my College in Total. And we have No Campus shootings here……😉

  2. My thing is, okay, you put all these unemployed students in a lot of DEBT, BUT how in the world will you force them to pay up after finishing school? Students are literally going to school for the REST of their life to avoid paying the debt or filing bankruptcy. In school Deferment boys and girls or join the military to POSTPONE that debt until you're in your grave resting in peace. Lmao

  3. It took me 23 years to pay off my 42,000 student loan debt, probably paid double due to interest but my income was mediocre , but I feel lucky to have a graduate degree, like what I do, and that it wasn't as much as the insane amounts I am hearing about. The usual middle class expected path is not feasible anymore, and these predatory mafia like companies and overpriced schools need better regulation, but who is going to he smart enough to vote progressive? Most people vote against thier own interests and will defend thier right to do so.

  4. PS – I'm one if the FIRST to be outspoken and skeptical on news pieces like this one, BUT, listen to the story of Paige McDaniel : HELLO, sorry, NO SYMPATHY for a DUMB decision that this lady made, NO SYMPATHY AT ALL ! ANYBODY AND I MEAN ANYBODY, who listens to her story within the first few minutes will UNDERSTAND her SELFISH and NOT TJOUGHT OUT plan to accept a SECOND LOAN for her master's degree at a LARGER INTEREST RATE ! HELLO ? she got greedy for the help but acted IGNORANT to the FACTS of the loan ! Listen to her RIDICULOUS EXPLANATION towards her $1,500 a month payment, " I TJOUGHT " REALLY ? she THOUGHT ? that they would be WILLING to work something out ! Like what ? A loan for a master's degree is through the roof and she knew it from the first time she revived the email, letter or phone call ! She was GREEDY for the degree BUT I don't believe for a SECOND that in the back of her mind she THOUGHT she could swing the payment of the loan in the future, RIGHT !!!

  5. While NBC lies and protects sexual predators while the rest of us are forced to watch their guilty "stars" who spew lies about others.

  6. So? It's their money.
    Protip Parents: Don't send your kids to school unless it's for a degree that can pay back a loan, or you can afford it.
    Protip students: Don't spend a 100k in loans to pay for a degree that's completely unemployable.

    There's always someone trying to sell you something. Don't get it if you don't need it, or you can do it yourself.

  7. journalist scores trip to Hawaii for two minute interview is the real story here.

  8. It is the students' choice to borrow. They should have made their calculations before acquiring their loans.

  9. Sock it to Sallie Mae- this will affect the next generation with regard to higher education.

  10. Why have we stopped investigating Jeffery Epstein & ALL of the famous pedophiles who have committed horrible crimes against many children

  11. I don't feel sorry for these people. I have paid off many student loans. They should stop piling one on top of the other and work for a while.

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