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Indybay Feature

Third Paradigm Radio: The Student Loan Mafia

by Tereza Coraggio
Explains how hard-working, responsible graduates become mired in impossible debt. Reviews the history of a predatory industry that has bribed universities, financial aid officers, and Congress to strip all consumer protections. Details the underhanded tactics, usurious fees, and draconian collection practices that have driven borrowers out of jobs, out of the country, and out of their minds. Also reads the poems "All the Hemispheres" by Hafiz, "Caretake This Moment" by Epictetus, and "Life is a Garden, not a Road" by Bokonon. Gives some biography on Epictetus and the Stoics, and presents elements of the religion started by "Bokonon" in Kurt Vonnegut's Cat's
Cradle. Elucidates the checkered past of Daylight Saving Time and questions whether it's saving time or stealing it.
Listen now:
Copy the code below to embed this audio into a web page:
Produced and Hosted by Tereza Coraggio

Production and Editing by Skidmark Bob
http://popdefectradio.blogspot.com/

Please contact Tereza with comments or to let her know what station is
airing this show.
tereza [at] thirdparadigm.org

Transcript, includes music videos, photos and links:
http://www.thirdparadigm.org/3p_049.html

Visit the Third Paradigm Web Site
http://thirdparadigm.org/

Music: The Keeper (instrumental version) by Bonobo, Missing the Boat by Modest Mouse, Details in the Fabric by Jason Mraz
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