I borrowed $5,000 in 1987 to attend a professional makeup artistry school in Covina, California. I graduated and eventually began making payments. I had a divorce and finally they garnished my wages from my job in the entertainment industry. I continued to pay them until I had the amount down under $1,000. I had some difficult years and put the payments on hold with deferments, etc. Three months ago I received the amount now owed was over $5,000 due to interest occurring. This was a loan that I took out in 1987 and was almost paid off and now has a balance over the original amount. This is 2011. I refuse to pay them all over again as I am now retired and living on social security and work with my art and whatever part time job I can find. They want me to pay back what I have already paid them. This is robbery and stealing from the American people. I have read some of the other stories and I am in awe that the banks have been allowed to create a complete business scam scheme out of the education system. I also was going to attend an online school in 2005, but backed out before I began my courses. I received a bill from a bank for $150 for the enrollment fee that was paid to a school that I never attended. I was paying them $5.00 a month for awhile and then realized I was paying for a service that I never used. This is robbery. Occupy!
Vicki Trusselli submitted this to 