OCCUPY STUDENT DEBT

Student debtor stories submitted by the 99%

MarketWatch covers one of our own! We stand with Stef! ———————————————————————————————— Sallie Mae also said in emailed comments Monday that the fee was “a good-faith deposit that acknowledges the importance of and commitment to resuming payments in the future.” “This is nonsense,” Gray responded, “because the forbearance fee is not applied to my debt, and is not returned to me … It simply goes directly to Sallie Mae as an arbitrary fee for doing what they do for federal loan borrowers free of charge.” http://www.marketwatch.com/story/jobless-grads-rap-sallie-mae-over-loan-fee-2012-01-31

MarketWatch covers one of our own! We stand with Stef!

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Sallie Mae also said in emailed comments Monday that the fee was “a good-faith deposit that acknowledges the importance of and commitment to resuming payments in the future.”

“This is nonsense,” Gray responded, “because the forbearance fee is not applied to my debt, and is not returned to me … It simply goes directly to Sallie Mae as an arbitrary fee for doing what they do for federal loan borrowers free of charge.”


http://www.marketwatch.com/story/jobless-grads-rap-sallie-mae-over-loan-fee-2012-01-31

Source marketwatch.com