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Friday, November 13, 2009

Info Post
They're at it again. Sallie Mae and Nelnet are pulling the "save jobs!" card. They've done this campaigning in the past (see my previous post here). It's a well-known fact that Sallie Mae had to stop outsourcing their low-paying jobs when they won a 5-year contract from the U.S. Government. And they pretend to care about jobs and Americans? Are you kidding me? If they could outsource jobs again, they'd do it in a heartbeat.

Here's what I suggest:

a) Not more of the same (that includes minor fixes that don't do a thing) ,but instead a radical restructuring of the student lending industry (i.e., an eradication of these lenders who have a direct lines to the Treasury).

b) Making college, in the very least, affordable again, and helping the people who work for Sallie Mae and Nelnet, the ones in those low-paying jobs in their sad call centers earn an education too.

c) Granting a student loan debt Jubilee - we live in extraordinary times, and that means that people in power who want to help must make extraordinary decisions.

Luckily, their campaigning to "save jobs" has made it into the news, and yet our group of well over 237,000 people continues to be marginalized. I don't get it. I really don't. Here's a few pieces about these great companies and how they really care about saving American jobs.

a) Sallie Mae Supporters Rally To Save Jobs
b) Delaware County Workers Need Your Help
c) Student Loan Reform Should Protect Florida Jobs
d) State Could Lose 2300 Jobs In Student Loan Change

Huh. So, basically they're demanding that we save jobs that essentially help ruin people's lives. Great. I am sure glad we all worked so hard to earn an education to be harassed and held as financial prisoners to these hideous lenders.

Head's up to the Obama Administration - we want to see real change that you promised us! You should care about this problem. I'd like to ask Mr. Obama how his own mother got through graduate school. Luckily, his own children won't have to take out loans like the rest of us lowly types.

Seriously. Enough. Is. Enough. This model only serves the interests of a few people at the top. At least the reporting is balanced, and all these local papers have covered stories about our group and its supporters.



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