Student Loan Scam

Predatory lending SLABS- (student loan asset backed securities) Severely hurting people who are trying to get ahead in life, these people are relentless- When people go out into the real world so to speak many have loans that are literally impossible to pay off. This is just like the adjustable rate mortgage scam that led to the housing bubble burst. So if somebody graduates from a good  school and then becomes a teacher at a private school they end up getting paid less where the expectations are set higher. On top of getting paid less for an institution of learning where the standards are set higher many end up having student loans which can never be paid off. These people appear to be paying off just the interest and are not even making a dent on the principle of these student loans.
  The most noble jobs such as school teachers, cops, nurses, social workers get paid the least amount of money and then these people get taken advantage of by a bunch of mobsters in pin striped suits on Wall Street with egregious adjustable rate balloon loans that were set up this way to begin with. One thing is certain leaving it up to the politicians is pretty much a joke and is guaranteed to fail. So why do people get paid less at a private school where the standards are set higher? These parents are relentless because they are paying big money to send junior to their private school of choice therefore they feel entitled to put the teachers through the wringer? So these teachers need to deal with narcissistic parents and then be forced to try to pay off their student loans which were set up to be impossible to pay off to begin with.