Default: the Student Loan Documentary


WATCH the entire film online, TODAY only, at www.defaultmovie.com Default: The Student Loan Documentary is a 27 min. documentary chronicling the stories of borrowers from different backgrounds affected by the private student lending industry and their struggles to change the system. The documentary is now available for advanced screenings. If you would like to show Default: the Student Loan Documentary in your community, email us at studentloans@krotala.com Become a fan of the film at: www.facebo… Sign up for updates at www.defaultmovie.com

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    There Are 25 Responses So Far. »

    1. Two years ago my balance was: $30,000. Now it is: $42,000 because I have been unemployed and have not even been able to make minimun payments due to the cost of living. In two years the federal government tacked on $10,000 in penalties………..HOW FUCKING UN-FAIR IS THIS IN A FREAKIN’ DEPRESSION THAT WE ARE IN?

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    4. let’s face it the president don’t care about debt, are congress is getting paid off not to do anything about it we live in a USA mad world

    5. worst part is they give those loans on permission with money that never existed at all in the first place, with no concideration on their part. Lyability on paper that is backed by nothing at all. This borders on these loans being illegal in the first place and raises a big question if they even need to be paid back at all. The bankers just keep driving the screws in to further educate a country they want to keep dumb abd stupid by design. The whole point, owe and pay more, more, and more.

    6. Why is the cost of education skyrocketing every year and why are so many college presidents making over a million dollars a year? Yes Sallie Mae is unscrupulous but what about the inflated costs of these schools which increase every year?

    7. @techn0teen books are expensive but you could rack leaves in the fall and do other small task jobs here and there and then shop around for cheap used books or book rentals…

      no need to borrow..

    8. Why the fuck are people borrowing all this money for school? I went to a state school and borrowed 17K for 4 years. Why the fuck are these kids borrowing 25K a year for school? Idiots

    9. thestudentloanmarathon . com

      this is an idea of think outside the box

    10. thestudentloanmarathon . com

    11. sometimes we cannot get mad at Sallie Mae, although we have all the reasons in the world to be mad at them. We just have to move on and think outside the box to pay our loans off. My wife and I have over $63,000 in student loans combine, so we decided to think outside the box and ask people to help us. Sometimes you just got to do what you have to do.

    12. student loan! sigh!

    13. My credit dropped after i couldnt do da monthly payments dat was 412 a month… Den i was informed dat i had 2 more private loans with another conpany dat wanted 458 a month… So i said fuck dem alittle over 870 a month and for all my loans and i have a family… Fuck deeeeeemmmmmmm

    14. System is collapsing people, debt might be forgiven after the bankers are ordered to court for jail. Hang in there people.

    15. @avataz you’re an idiot.. You think our country or the globe for that matter can sustain our way of life.. look at the trillion dollars of debt, the FED is defaulting right before your eyes.. College obviously didnt teach you shit. ass hat

    16. Bottomless hole my ass. I paid off my student loan 4 years after graduating. Stop getting bullshit degrees in Liberal Arts

    17. The CEOs love this. Here comes the next crew of corporate lap dogs.
      When you owe like these people, they own you.

    18. @aceknight8
      Right now I’m sitting in on Systems Analysis (an Electrical Engineering class). I asked the prof if I could and she said it would be okay. I can’t believe that it would cost me $1000 to take the class for real, and I wouldn’t be learning more if I was a real student in the class. The prof relies on hand-outs, so we buy the textbook only if we want to. I was able to get an older edition of the text for $16 on Amazon.

    19. This is sad. but is this better A video by square3 called Student Loan 98

    20. @motek77 what did you go to school for ?

    21. @YESSUREOK your so right but even law school is bad too! google it lol

    22. @melchiahxxx Tell your story on you tube so you can help people.. I will pray for u .. Try opening up some sor of business.,. or something to pay the debt… This country was in debt when i was born and it will be in debt when i die

    23. when is this shit coming out?

    24. this is so perverted…here in germany you have regions where college is almost FREE and the education is just very good, in other regions you pay around 12.000 Euros for the whole time. it’s breathtaking, I didn’t know what american students have to bear, I feel truly sorry for them.

    25. Check this out! A way to pay off your student loan faster whilst still studying.

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