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Sep 11, 2012
09/12
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the student loan lender sally mae, that is how she was able to attend carolina university. >> that will leave the office -- that will be the money. they are acting like loan sharks, coming after you. >> five months after she graduated, she got daily calls to her cell phone. in less than a month, she counted 370 phone calls. as many as 25 and one day before she started blocking the calls. it all coincided with very minimal payments, oftentimes $50. they wanted 1400's month, which nearly equals her salary. >> i understand they want their money and i understand that completely. i am trying to think of what the expression is. you can't get blood from a turnip. >> she may just be a victim of the boom of the project student loan market which started to really take off the very year she graduated from high school. the fault rates have spiked significantly. $8 billion. that represents 850,000 individuals do loans >> student that is the elephant in the room. >> we are not sure if we will find jobs. >> it is an intimidating concept. >> i am thinking it will work out close to $100,000 in debt, at
the student loan lender sally mae, that is how she was able to attend carolina university. >> that will leave the office -- that will be the money. they are acting like loan sharks, coming after you. >> five months after she graduated, she got daily calls to her cell phone. in less than a month, she counted 370 phone calls. as many as 25 and one day before she started blocking the calls. it all coincided with very minimal payments, oftentimes $50. they wanted 1400's month, which...
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191
Sep 10, 2012
09/12
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. >> she gets calls from the mega private student -- private student loan lender, sallie mae, as many as 25 times. all to collect a loan totaling more than $146,000. >> you like you're being a bully? >> yes. >> getting out of student debt and avoiding this trap in the first place. i am deborah. >> still ahead on 11 news at noon, planning a fall vacation? we'll tell you how to find the cheapest air fare. first, chicago in protest. how many students are affected and what the teachers are demanding. first, a tragedy. what a police officer was doing right before he waswç%y >> a florida police officer is dead after being struck by a pickup truck. a 20 year veteran was preparing to shut down the west palm beach highway to allow the motorcade to pass through when he was struck by an approaching vehicle. so far, no charges have been filed against the driver. thousands of teachers are expected to cross the picket lines before the day is out. dozens are picketing and chanting at the schools after talks failed to reach an agreement to 11 hour. the union announced they would strike. this is the f
. >> she gets calls from the mega private student -- private student loan lender, sallie mae, as many as 25 times. all to collect a loan totaling more than $146,000. >> you like you're being a bully? >> yes. >> getting out of student debt and avoiding this trap in the first place. i am deborah. >> still ahead on 11 news at noon, planning a fall vacation? we'll tell you how to find the cheapest air fare. first, chicago in protest. how many students are affected and...
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912
Sep 16, 2012
09/12
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. >> starting in may, five months after she graduated, sarah logged daily calls from sallie mae to here. in less than a month's time, she counted 370 cell phones, as many as 25 in one day before she started blocking the calls. it coincided with minimal payments sarwas a -- sarah was making. sally wanted nearly $1400 a month, equaling her salary at barnes & noble. >> i understand they want their money but i'm trying to think of what the expression is, you can't get blood from a turnip. >> with her diploma hanging proudly, sarah may be a victim of the boom of the private student loan market which started to take off the year she graduated from high school. the reality check now, according to a report to congress, many college graduates are struggling to repay loans and default rates have spiked significantly, $8 billion, representing 850,000 individual student loans. at schools like college park, student's debt is the elephant in the room. >> we're draw graduating in an economy where we are not sure if we will find jobs but burdened with the debt coming out of college. >> it's an intimid
. >> starting in may, five months after she graduated, sarah logged daily calls from sallie mae to here. in less than a month's time, she counted 370 cell phones, as many as 25 in one day before she started blocking the calls. it coincided with minimal payments sarwas a -- sarah was making. sally wanted nearly $1400 a month, equaling her salary at barnes & noble. >> i understand they want their money but i'm trying to think of what the expression is, you can't get blood from a...
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Sep 10, 2012
09/12
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. >> she logged calls from the lender sallie mae, as many as 25 in just one day, all to collect a loanaling $146,000. you feel like you were bullied. digging at of student dead and avoiding the trap in the first place. for the 11 news i-team, heimlich deborah weiner. >> 59 degrees on tv hill. getting your little ones to sleep at night can be a problem. how some training can help out. >> you might wish you can train your teenagers on how to be graceful. >> continued closures in the city that we're monitoring along henson, big day -- we're gonna fly to jersey, then mexico, china and france. you're going to travel through so many time zones, you're going to have jet lag for months. now sink your teeth into that big n' toasted if you're ready to soar. good. exits are here, here, and here. a big day calls for the big n' toasted breakfast sandwich, with fried eggs, cherrywood smoked bacon, and cheese, stacked high on texas toast. grab yours at dunkin' donuts. it's a breakfast favorite. start your big day with a big n' toasted breakfast sandwich from dunkin'. so let's talk about coverage. bas
. >> she logged calls from the lender sallie mae, as many as 25 in just one day, all to collect a loanaling $146,000. you feel like you were bullied. digging at of student dead and avoiding the trap in the first place. for the 11 news i-team, heimlich deborah weiner. >> 59 degrees on tv hill. getting your little ones to sleep at night can be a problem. how some training can help out. >> you might wish you can train your teenagers on how to be graceful. >> continued...
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Sep 10, 2012
09/12
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. >> sarah logged calls from the lender sallie mae, as many as 25 in just one day, all to collect a loantotaling more than $146,000. you feel like you've been bullied. >> yes. >> coming up tonight at 11:00, digging out of student debt and avoiding this trap in the first place. for the 11 news i-team, i'm deborah weiner. >> now traffic pulse 11 and insta-weather plus together. >> time to take a look at the area roads. heavy delays on 295. let's start there. average speeds 11 miles per hour. a slowdown from 795 down towards edmondson. average speed is 26 miles per hour. 52 on the north side over towards the harrisburg express away. we have closures along monument street from wolfe street to patterson park -- towards the harrisburg expressway. an accident in cecil county at road.n roappleton this is the pace of things at baltimore national pike and stretching back to 795. this is 95. you can see the southbound delays that begins at white marsh continuing down to the 895 split. ava marie joins us now from the inner harbor. good morning. >> good morning. what a beautiful sight behind me as we
. >> sarah logged calls from the lender sallie mae, as many as 25 in just one day, all to collect a loantotaling more than $146,000. you feel like you've been bullied. >> yes. >> coming up tonight at 11:00, digging out of student debt and avoiding this trap in the first place. for the 11 news i-team, i'm deborah weiner. >> now traffic pulse 11 and insta-weather plus together. >> time to take a look at the area roads. heavy delays on 295. let's start there. average...
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Sep 8, 2012
09/12
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mae mortgages modification. that's something. >> there has been a lot of arm twisting of ed dimarco the conservator of of sally may and freddie macey say they don't have any more power to twist his arm. >> eliot: they should be going after every conceivable way. the real problem joe i think dan is exactly right and i and many people have been saying for years until you deal with the mortgage crisis you won't deal what is really at the root of the economy. the problem has been the treasury department. the treasury did not appreciate that simple premise. tim geithner was willing to let it work its way on its own. and grievous mistake. it debilitated our economy. the successes and jennifer granholm. >> she was awesome. >> she was awesome. it's the auto bailout. i'm struck that mitt romney has not responded adequately. what is the republican party going to say about its meaningful support to bail out the auto industry. >> they're going to say nothing. it's better than saying something. they're likely to get the message wrong. they already have the imagine of not being the party of the working man and this could give further ammunitio
mae mortgages modification. that's something. >> there has been a lot of arm twisting of ed dimarco the conservator of of sally may and freddie macey say they don't have any more power to twist his arm. >> eliot: they should be going after every conceivable way. the real problem joe i think dan is exactly right and i and many people have been saying for years until you deal with the mortgage crisis you won't deal what is really at the root of the economy. the problem has been the...