A Report From The Occupy Wall Street Student Debt Working Group

[sabrina 1]

3. I don't see how that can be legal. You agreed to a certain amount and to the interest rates. When

they sell a loan, you have no say in that, which I think people should. Not only should they not be charging you MORE, you should share in any profits they make from selling your loan, imo.

Have these practices ever been challenged in court? Seems to me like they just do what they want and since no laws have been passed to stop them, (and who would have ever thought we would need such laws to cover every devious scheme they come up with?) they just keep pushing until eventually someone will have the guts to put a stop to their schemes at the expense of the people.