Another area where the banks are ripping off students and the government is the student loan shell game. After I graduated from graduate school, I immediately consolidated all the loans I had taken out. I had a couple of those private bank loans, and the rest were through Ford Loan Program run by the government.

In 1998, I started getting calls from a collection agency about a loan taken out with a Signet Bank, who sold the loan to another bank, who sold it to another bank, and it ended up with Wachovia. The department of Education told the collection agency that I wasn't liable for their bullshit collection attempt, one bank even told the Department of Education that they couldn't find the record and neither could the Department of Education find the origination paperwork.

But all the while, the fucking banks were trying to stick me with paying them through the collection agencies. This was still happening in 2004. I recently too the free credit report thing, and found my credit clean except for the fucking Signet loan bullshit with Wachovia taking a $20,000 write off for an loan of around $4K if I remember correctly. I still have all the bullshit consolidation stuff, and its been 14 years.

Because of all the bullshit, and loan paying jobs, I never paid a nickle on the student loans and frankly don't intend to. I'm on disability and if I ever start making decent money, they can still for fuck themselves because of the bullshit trick with the banks and loans, and by the time thing change drastically, I will be 65 and then free regardless of what I may owe. Besides, they owe me for all the bullshit they have put me through because of marijuana possession charges and denying me decent employment because some asshole wants to check my piss.

And, they really do need to investigate all the banking tricks and playing hid the paperwork and collect on the loan to the tune of 500%.

Got that off my chest.