http://www.rollingst...e-debt-20140820
Have a read. The point the article doesn't touch is the repayment rate. This is how these douchebag companies get you. The start your repayment is at a fair affordable rate, not talking APR, but the amount they required. After a year or paying off your first loan of many, they jump it up to $800 to $1,000! Seriously? Why not span the loan a few more years and help these students out? Car payment level of payment can easily be managed, but no one in Washington DC has even ever looked at repayment limits.