{"id":65626,"date":"2017-09-06T17:00:28","date_gmt":"2017-09-06T10:00:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-debt-trap-how-the-student-loan-industry-betrays-young-americans\/"},"modified":"2017-09-06T17:39:12","modified_gmt":"2017-09-06T10:39:12","slug":"the-debt-trap-how-the-student-loan-industry-betrays-young-americans","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-debt-trap-how-the-student-loan-industry-betrays-young-americans\/","title":{"rendered":"The debt trap: how the student loan industry betrays young Americans"},"content":{"rendered":"


\nNavient, spun off from Sallie Mae, has thrived as student loan debt spirals across the US. Its story reveals how, instead of fighting inequality, the education industry is reinforcing itThis story is published in partnership with Fusion as part of Fusion TV\u2019s investigative documentary series The Naked TruthAmong the 44 million Americans who have amassed our nation\u2019s whopping $1.4tn in student loan debt, a call from Navient can produce shivers of dread.Navient is the primary point of contact, or the \u201cservicer\u201d, for more student loans in the United States than any other company, handling 12 million borrowers and $300bn in debt. The company flourished as student loan debt exploded under the Obama administration, and its stock rose sharply after the election of Donald Trump. Continue reading…
\n
\nSource : theguardian.com
\nRead more…The debt trap: how the student loan industry betrays young Americans<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Navient, spun off from Sallie Mae, has thrived as student loan debt spirals across the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-65626","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-h4u","jetpack-related-posts":[{"id":15660,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/occupy-activists-abolish-3-85m-in-corinthian-colleges-students-loan-debt\/","url_meta":{"origin":65626,"position":0},"title":"Occupy activists abolish $3.85m in Corinthian Colleges students' loan debt","date":"September 17, 2014","format":false,"excerpt":"\r Rolling Jubilee activist group buys student debt at knockdown price to inspire Americans to \u2018exert collective power\u2019US sues Corinthian Colleges for \u2018predatory lending\u2019Over the last few days, over 2,700 Everest College students woke up to find that someone had paid off their private student debt. This was no act\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-student-loan-debt-soars-to-more-than-100bn\/","url_meta":{"origin":65626,"position":1},"title":"UK student loan debt soars to more than \u00a3100bn","date":"June 15, 2017","format":false,"excerpt":"\r News of growing total owed by 6.4 million borrowers comes following Labour\u2019s general election pledge to scrap tuition feesStudent loan debt in the UK has risen above \u00a3100bn for the first time, underlining the rising costs young people face in order to get a university education.Outstanding debt on loans\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103024,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loan-debt-is-keeping-young-people-from-buying-homes-fed-study-finds\/","url_meta":{"origin":65626,"position":2},"title":"Student loan debt is keeping young people from buying homes, Fed study finds","date":"January 17, 2019","format":false,"excerpt":"\r Home ownership among those in the 24-to-32 group plunged from 45 percent to 36 percent for the period in the Fed survey.\r \r Source : cnbc.com\r Read more...Student loan debt is keeping young people from buying homes, Fed study finds","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167060,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-decembers-fed-rate-cut-means-for-your-mortgage-credit-card-auto-loan-student-debt-and-savings\/","url_meta":{"origin":65626,"position":3},"title":"What December's Fed rate cut means for your mortgage, credit card, auto loan, student debt and savings","date":"December 11, 2025","format":false,"excerpt":"\r From\u00a0credit cards and car loans to mortgage rates, student loans and savings accounts, here's a look at the ways a Fed rate cut could affect your finances.\r \r Source : cnbc.com\r Read more...What December's Fed rate cut means for your mortgage, credit card, auto loan, student debt and savings","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163537,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-this-fed-rate-cut-means-for-your-credit-card-mortgage-auto-loan-student-debt-and-savings-account\/","url_meta":{"origin":65626,"position":4},"title":"What this Fed rate cut means for your credit card, mortgage, auto loan, student debt and savings account","date":"October 30, 2025","format":false,"excerpt":"\r Here\u2019s a look at all of the ways the Fed decision could affect your finances.\r \r Source : cnbc.com\r Read more...What this Fed rate cut means for your credit card, mortgage, auto loan, student debt and savings account","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-student-loan-companies-pretend-to-be-your-friend\/","url_meta":{"origin":65626,"position":5},"title":"How student loan companies pretend to be your friend","date":"June 4, 2018","format":false,"excerpt":"\r Private lenders are using free movies and happy hours to entice people to refinance their student debtAre you one of the 44 million Americans drowning in student loans you fear you\u2019ll never pay back? Worried that you\u2019ll be in the red for the rest of your life? Well, why\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/65626"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=65626"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/65626\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=65626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=65626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=65626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}