Released: September 09, 2012
Debt collectors cashing in on student loan roundup
Source: Andrew Martin - The N.Y. Times (Paid Registration)
At a protest last year at New York University, students called attention to their mounting debt by wearing T-shirts with the amount they owed scribbled across the front — $90,000, $75,000, $20,000. “I couldn’t believe the accumulated wealth they represent — for our industry,” the consultant, Jerry Ashton, wrote in a column for a trade publication, InsideARM.com. “It was lip-smacking.”Read Full Article: Debt collectors cashing in on student loan roundup