[Part 3] Sallie Mae is the largest student loan company. We look at a 60 Minutes report on Sallie Mae and how Sallie Mae, with the help of government, makes a lot of money off of student borrowers.
[Part 3] Sallie Mae is the largest student loan company. We look at a 60 Minutes report on Sallie Mae and how Sallie Mae, with the help of government, makes a lot of money off of student borrowers.
@Russ0257821
No I am not an RN. Nurse was my rugby nickname.=P RNs have a **** job I used to check insurance billings in a hospital in high school and let me tell you. STAY THE HELL OUT OF HEALTHCARE IF YOU HAVE THIN SKIN. Nurses have an obscenely hard job and they get paid for the **** they place up with.
@Russ0257821
The 3.0 in accounting is the thing that is killing your job possibilities. Your right at the bare minimum even the least selective firms hire. Accounting is employable statistically nationwide about half of all accounting undergraduates had secured a job before graduation last year. Passing the cpa matters but accounting firms want it all now. If you have it all you will get a job.
The California state government has a continuous hire for auditors.The job only pays 30-40k
@Rockynurse I didn’t join BAP, which I regret.
wait a sec- you said if I have < 3.5 nobody cares a/b the CPA? I don’t believe that.
Besides, I’m not too worried about it. I have a decent union job. when the economy rebounds I’ll try to get into the accounting racket again. I know a few girls who graduated from LSU law school and are now waiting tables, and the same with some engineering grads. It seems the pencil-pushing jobs are drying up. Are you a RN? now THAT is job security!
@Rockynurse aacsb AND separate accreditation in accounting. It was in Louisiana. I had 3.4 overall, 3.0 in acct’ing.
I applied to over 100 places from B.R. to N.O., I got 7 interviews, but was not hired. One of them was unpaid.
No criminal history, never even had a traffic ticket.
I have an exceptional credit score. I worked odd jobs in college so I paid off loans b4 i even graduated (cheap tuition).
I also heard accounting was an employable major, that is one of the reasons I studied it.
@Russ0257821
You haven’t answered my questions. If the anwer is yes to the former 4 and no to the latter then I would be surprised. If you have a less than 3.5 gpa from a non-AACSB accredited school and a terrible credit history it doesn’t matter that you passed the CPA. Firms want it all now that the economy is in the gutter.
@Russ0257821
Did you attend a AACSB accredited business school?
Was your GPA above 3.5 overall and in accounting?
Did you join Beta Alpha Psi?
Did you take an internship?
Do you have a criminal record or a terrible credit history?
i am curious since accounting is the most employable major right now besides nursing.
@Rockynurse No, I know how to navigate an interview, for the few firms/companies that took the time to interview me. That’s amusing you should say that, The Onion website recently came out with an article entitled “Unemployment High Because People Keep Blowing Their Job Interviews”.
@Russ0257821
Really?
I know some dumb girl that just landed a really sweet 55k per year job at a regional PA firm. She has under a 3.4 gpa and has not yet passed the CPA exam. I haven’t known any graduates that graduated from a AACSB accredited business school with above a 3.5 gpa, passed the CPA and still couldn’t find a job. I guess if you really **** at interviews you could be screwed.
Seriously some mediocre B schools have a 60% residency with the Huge 4 firms.
@ImNotYourFriend212
Employers check your credit… especially for material concerning money etc… at lest 60%. The guy’s credit was shit, so most of the time a company would not hire.
I got a Single’s in Accounting in ’08, passed the CPA exam in summer ’09 and I couldn’t even get a $9/hr job as an accounts payable clerk. Now I belong to a labor union doing construction and electrical work. I have learned more from this job in 6 months than the 5 years earning a CPA.
Do NOT go to college. You won’t learn ANYTHING useful.
@Rockynurse I hear ya **** and I really agree. It’s still ashame though because when your young you just “want what you want” they do have to learn that it’s not FREE MONEY. So yeah fantastic point!
@atlasshrugged2u
They sleep very well in a nice expensive bed. Sociopaths are completely content with screwing people over. Seriously the idiot who took out the loans is more to blame than sally mae. Keep your debt low and major in a touch useful and you will be fine!
This make you wonder why people do not turn into criminals and take **** into their hands. This is not the land of the free, more like, “slave of the banks”. Now, reckon of this, If no one pays………sallie mae is **** out of luck. I would just pay what I formerly borrowed and that is it. The only profit you are getting out ot me is a middle finger.
@ImNotYourFriend212 He’s an engineer. He could have gotten a job but he had to of had some serious poor grades. This guy could have done numerous equipment to dodge the hole he dug himself into. Sallie Mae would have lowered the payment a fantastic deal had he to tried to reason with them. That’s what I did for a couple of months. But you can’t just STOP building payments. That’s just asking for it.
sallie mae better leave that engineer alone. he looks like he’s ready to go postal on that next collector who calls!
How can Elitist’s like this (Sallie Mae) sleep at night?…GOD!!
Yeah, well, nobody made these people go to College and take out those Student Loans. They made the scale to do that and now they have to live with their mistake. Sallie Mae is a business so their sole purpose is to make profits and obviously they are doing a excellent job of it.. :/
sad but people with terrible credit scores will not be able to get certain types of jobs. The new type of descrimination. Paying for education is a huge scam especially since school is overpriced and no jobs to get once ur finished. Whats the point get out of school with 60k dollars in debt to make 10 dollars an hour when you get out.
@KingDrudge What kind of jobs? I heard the wages and salaries are pretty shitty in China lol.
@waverly2468 Yep! I jumped ship when it was down to 50, while my friends held on to the stock thought it would rise dramatically. You know what happened after that…LOL
@waverly2468 Wait…So you have an accounting degree that you got and haven’t used, but instead went for office jobs and bitched about how you office jobs didn’t require an accounting degree when you lost interest in the subject? LMAO That makes significance…
@conquerorofbabylon You should pay attention to the details of the New GI Bill on a state by state basis…
My hope goes to Alan, he deserve that engineering job. Wish I had a time machine so I could go back to 1999 and help the guy out. It’s sad when you accomplished a touch and it made your life worst when it is suppose to make it better.
dont have anything to do with these ******* leaches
@lerxt42
how did that turn out?