Talk:SLM Corporation

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[edit] Rsleavitt Edits

There seems to be a bit of biased editing on the part of user Rsleavitt. To preserve the relative objectivity of the information presented on this page please do not use loaded language such as "Learn the truth abouth Sallie Mae... or took aim" ect. If there is evidence contrary to what is presented one should properly discuss and cite such informati

Rsleavitt responds: Actually, I was responding to biased writing to begin with. The original author made unsubstantiated claims based on the reporting of CBS News. Not an organization known for its objectivity.

BumYogi responds: The truth about Sallie Mae, either positive or negative, will not be determined any time soon. The private postsecondary vocational institutions own the federal and state regulatory agencies which in reality function as industry associations. There is no enforcement of student protection laws including those that relate to financial aid programs. California, which has the largest number of such educational institutions and should be the leader of student protection, is regulated by the Bureau for Private Postsecondary and Vocational Education. This agency admits to major problems that it explains as the reason for backlogs, non-enforcement, lack of funds, etc. However, the resulting image of incompetence is misleading on purpose. It is actually very competent at appearing incompetent because that is a useful way to divert attention from the absolute corruption that exists in the agency and the direct resulting harm to the very students it is supposed to protect. The employees who objected to corruption are now unemployed in state service despite the general assumption that state employees are difficult to terminate. Termination is not necessary when terrorizing "troublemakers" is now an option now during this period of corruption from the highest to lowest levels.