Quick Post: Obama Approves Collectors To Hunt Down Borrowers On Cell Phones

Over at AOL's Daily Finance Section, reporter Laura Rowley writes, "Hundreds of thousands of borrowers who are behind on their federal student loans may be the target of some unwanted -- and expensive -- attention: A provision in President Obama's deficit reduction plan would allow debt collectors to call the cell phones of people who are late on government loans or on loans with federal guarantees. Currently, collectors can only call home phones."

Great! So they can hunt us down even more so than they already are. Ain't this news grand?

Also, let me know if you'd read a book by me about the student lending crisis here (please leave a comment)! I am writing a currently writing a comprehensive book about the issue, and want to know how many of you wold purchase it - just leave a quick note. Thanks so much.