NjвЂ™s Education Loan Program is loan-Sharking that isвЂState-SanctionedвЂ™
The loans have actually extraordinarily strict guidelines, aggressive collections and few reprieves, also for borrowers whoвЂ™ve died. The pinnacle associated with the loan agency ended up being appointed by Gov. Chris Christie.
Amid a haze of grief after her sonвЂ™s murder a year ago, Marcia DeOliveira-Longinetti faced an endless variety of tasks вЂ” assisting the authorities access KevinвЂ™s phone and e-mail, canceling their subscriptions, charge cards and bank records, and organizing their burial in nj-new jersey.
After which there have been their college loans.
Whenever DeOliveira-Longinetti called about their federal loans, an administrator offered condolences and assured her the staying stability would be written down.
But she got a far various reaction from a fresh jersey state agency which had additionally lent her son money.
вЂњPlease accept our condolences on your own loss,вЂќ said a page from the larger Education Student Assistance Authority to DeOliveira-Longinetti, that has co-signed the loans. Read More “ProPublica logo design. The loans have actually extraordinarily strict guidelines, aggressive collections and few reprieves, also for borrowers whoвЂ™ve died.”