Student Loan Scam

Six Defendants Charged in Theology Scheme to Defraud Student Loan Programs

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Let's say a prayer for credit counseling to survive against debt settlement

Six former administrators from the Columbus, Georgia, campus of the Apex School of Theology were charged in an indictment unsealed Monday for their alleged participation in a scheme to defraud student loan programs. Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal Division, U.S. Attorney Charles Peeler of the Middle District of … Read more

The Great College Loan Swindle Article Worth Reading

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If you believe in social justice and basic human decency, you must read Matt Taibbi’s article on the student-loan crisis that appeared this month in Rolling Stone. Writing in the tradition of great American investigative journalism, Taibbi deconstructs “the great college loan swindle” that is destroying the lives of millions. Taibbi illustrates his theme by … Read more