The Student Loan Scam is an exposé of the predatory nature of the $85-billion student loan industry. In this in-depth exploration, Collinge argues that student loans have become the most profitable, uncompetitive, and oppressive type of debt in American history. This has occurred in large part due to federal legislation passed since the mid-1990s that removed standard consumer protections from student loans-and allowed for massive penalties and draconian wealth-extraction mechanisms to collect this inflated debt. High school graduates can no longer put themselves through college for a few thousand dollars in loan debt. Today, the average undergraduate borrower leaves school with more than $20,000 in student loans, and for graduate students the average is a whopping $42,000. For the past twenty years, college tuition has increased at more than double the rate of inflation, with the cost largely shifting to student debt. Collinge covers the history of student loans, t
Two of the best and most trusted California real estate authors, Grogan and Chambers once again deliver the textbook for real estate licensees, individuals seeking to enter the mortgage loan business, and those already actively working in the industry. The new third edition covers key topics including appraisal, credit agencies, title and escrow, and computer programs used in the industry. Important legal concepts such as trust fund handling and both federal and state compliances are also covered to meet the state's course requirements. There is extensive coverage of the forms necessary for the industry such as loan application FNMA form, credit authorization, actual escrow instructions and much more. This is also one of the approved courses for pre-license in California.