Return to Article: Education secretary defends oversight of student loan programs
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65926
Does anyone know who actually has oversight of the student loan programs? I'm getting ripped off by American Educational Service and I'd like to file a complaint -- but where?
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26468
Defense? Defense of what? Ok let me explain to you my experience with the "STUDENT LOAN" program...
Since 1993, over 70,000 dollars in false notes were issued in my social security number... On MY CREDIT REPORT, they were reported IN TRIPLICATE to all three bureaus so ridiculously so that at one point TransUnion Said that I had outstanding 240,000 in Student Loans.
It took THREE Years to get a Guarantor agency to release my loans... and when they did they overpaid themselves FROM THE US Government and yours and My Tax dollars to OVER 80,000 dollars.. That's right they flat out stole 80,000 dollars of our tax money from the Feds...
Then they continued to maintain that at no time had they misreported any notes nor had they done any financial "DAMAGE" to the party whom they had falsely reported these notes ABSENT.... 1) any promissory note of any kind 2) any IDENTIFYING information such as a Driver's license ... All they did was use my SOCIAL Security number and they successfully from what I can gather paid themselves 178,804 dollars.
AND idiot wants to try and sell you a Bag of Goods... ... OVERSIGHT Is correct?
Are you kidding me? These people are lower than the lowest rungs of Plankton that exist on the underside of a Columbian drug runners skank mobile boat.
I NEVER once in my entire life have EVER attempted to take advantage of another's personal information for personal gain... yet they have backdoored every possible means and pathway to enrich a group of people who frankly have ROBBED the US Public blind MUCH MUCH MORE than any Enron Scandal ever could.
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23240
It is well known for sometime that at the Tucson VA Vocational rehab center. That the senior staff routinely pad the hours of their work study personel. They pay them their full salary regardless if they are at work or not. Favoritism is rampant. Many attend work less then 3 days of the week with no loss in pay. There is absolutley no accountability. The problem stems from no need to clock in or out. That plan could also be circumvented, and customer service for vets suffers greatly. This is one location, at the cost of thousands of federal funds lost to non productivity. How many more locations are this way? Is this the next front page media black eye?
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23149
America has some of the best research universities in the world, but there are problems in our educational system, particularly in the feeder elementary education system. Student loads need to be legitimate and well crafted programs free of abuse. The costs of higher education in this County is way too high. Many graduate students are struggling under a crushing debt burden as they enter the workforce. Not enough is being done promote scientific research in basic science. You cannot get fundamental advances by only funding "applied science". My wife is an elementary school teacher and most of her colleagues are dismally incompetent and unprepared to be teachers. My son is a Ph.D research scientist at Virginia Tech. He tells me many young scientist have brillent ideas but that the scoring for research grant funds is such that "cut- offs" only allow the top few percentage points of submittals to be funded. Just take a look at the numbers of patents coming from other nations as compared to the U.S., and how these percentages have changed over the years. We are losing our technical and scientific edge. Today's students do not rank well on international rankings of scores in math and science. Don't even get me started on why more native born U.S. students fail to enroll and succeed in hard science programs. You folks in Congress and at Dept of Education have a lot of work ahead of you to fix this.
While everyone debates Iraq, immigration,and energy they lose sight of the fact that our nation's education system is the source of the potential solutions to these problems, yet is is neglected both in considered policy and in funding.
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