Student Loans are Worse Than You Realize

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Welcome to the Corporate Casket, a semiweekly series where bad businesses go to die. We will discuss any and everything from bad charities, terrible CEOs, and businesses that have a lot to hide.

The student loan crisis in the United States seems like a near-constant conversation. But, as the whole country seems to constantly have the same discussion—one thing always seems to be missed: Private Student Loans. It’s been described as the “wild west” a “lawless” industry that takes advantage of the most disenfranchised and runs scams almost as much as any MLM I’ve ever seen. From Navient, Sallie May, and even Discover, everyone seems to have a new scam. So, what’s going on with Private Loans?

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Writers/Researchers/Helpers:
Jess Hubbert

This episode was edited by:
Catechism: https://www.youtube.com/channel/UC1X38twKH-ePKOMQclh8a6g
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Kelpie
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Michael: https://www.flowcode.com/page/michaelseim
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Collin Robinson twitter.com/CollinR027
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Natidrovo: https://linktr.ee/NathalyIdrovo
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The Mysterious Brian

This episode's audio was mixed by:
@GThomasCraig

Artists:
Sprites made by https://plegberb.tumblr.com/

Outro song is Cake by Retrovision

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#iilluminaughtii
00:00 Student Loan Industry
03:05 Navient and Sallie Mae
09:38 Discover Loan Scams
13:20 Suing for Scam's Sake
18:20 AD
20:37 The Wild West
27:49 Outro

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