Student Loan Asset Backed Securities and the $1 trillion dollar student loan debt

Student Loan Asset Backed Securities and the $1 trillion dollar student loan debt:

Student Loan Asset Backed Securities and the $1 trillion dollar student loan debt

by Danny Weil

“In times of universal deceit – telling the truth is a revolutionary act.”

George Orwell

I was fortunate enough to be a guest on the radio show

Clearing the FOG – Speaking truth to expose the forces of greed.

http://www.facebook.com/ClearingtheFogRadioShow. The show originates from Washington DC on 1480 AM.

The issue that was addressed was the spiraling student loan debt, now over $1 trillion and rising.  Lynn Petrovich, an accountant that has documented fraudulent behavior by Sallie Mae was also on the air.

Here is the link to the archived edition of this important issue which both trapping students in debt peonage and  is an IED waiting to explode and cause the next bubble burs in the economy.  At a time when those in the