Tired of the gridlocked Congress?

Call your Senators and Congresspeople.
They know they've done NOTHING to help college students
get a good, affordable college education.

And they STILL ignore the plight of student loan
borrowers altogether.

Find and Contact your SENATORS at:
(go to the box to the upper right)

Find and contact your member of Congress at:
-Write letters to editors in their districts.
-Demand solutions now.
-Ask your friends & family to do the same thing.
-Run for their seat next year!
To JOIN the Student Loan Action Group,

No membership fee. No obligation.



Need help with your student loans:

Join Student Loan Action Group:


AND go HEREhttp://studentloanactiongroup.blogspot.com/ 
to learn how to get help with your student loans now.

to JOIN Student Loan Action Group to get Congress to act to help
student loan debtors, email me at alandicaraATgmail.com
no membership fee.  no obligation.
-from Bloomberg News:


'Taxpayers Fund $454,000 Pay for Collector Chasing Student Loans'

Photographer: Scott Houston/Corbis

Occupy Wall Street protesters burn a Sallie Mae envelope during a demonstration against the rise of student loan debt... Read More

Photographer: Scott Houston/Corbis

Occupy Wall Street protesters demonstrate against student loan dept reaching $1 trillion on April 25, 2012 in New York.

Source: Educational Credit Management Corp. via Bloomberg

Richard Boyle, chief executive officer of Educational Credit Management Corp. (ECMC).

(from Student Loan Action Group: Why did ECMC spend a reported $300,000 to lobby YOUR Congress?)

Photographer: Don Emmert/AFP/GettyImages

The 'Master of Degrees' strikes a pose during an Occupy Wall Street rally against the high cost of college tuition... Read More

Photographer: Shawn Rocco/Raleigh News & Observer/MCT via Getty Images

-U.S. President Barack Obama talks about the affordability of higher education during a speech at Carmichael... Read More

( from Student Loan Action Group to President Obama:
Talk is cheap, Mr. President.
Why did YOU  take campaign contributions from the CEO of ECMC? )


....from Bloomberg News (in part):

Joshua Mandelman made $454,000 in a single year as a student-loan debt collector -- more than twice the pay of the U.S. secretary of education.

His boss, Richard Boyle, chief executive officer of Educational Credit Management Corp., received $1.1 million in 2010, including commuting expenses from his ranch in New Mexico. Five other managers each took home more than $400,000.

ECMC, a Minnesota nonprofit group, owes its success to an 18-year-old agreement with the U.S. government. The company charges fees to borrowers and earns commissions from taxpayers -- totaling as much as 31 percent -- when it collects on defaulted student loans. Those rich rewards, which are approved by Congress, are sparking criticism that ECMC and similar collection agencies are reaping a bonanza from former students’ pain....-for the full story please go to : http://www.bloomberg.com/news/2012-05-15/taxpayers-fund-454-000-pay-for-collector-chasing-student-loans.html


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