Neal McCluskey

You might remember Matt Taibbi from such hits as “F@$% Goldman Sachs” and “Wall Street Trades Soylent Green.” He is a blistering critic of… everything.

In an upcoming Rolling Stone article, Taibbi has turned his withering gaze to the student loan industry. He criticizes Democrats, Republicans, and President Obama. Taibbi points out Obama’s hypocrisy on the student loan issue, something that I’ve been doing since 2009, but on this issue, the more the merrier.

While Taibbi’s article focuses on the crisis as it applies to college students, he can’t help but include some examples from the legal industry. I think that’s because no matter how much colleges and universities take advantage of college kids, law schools are worse….

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I had the pleasure of being at Hofstra University last night to watch the presidential debate between Barack Obama and Mitt Romney. I wasn’t actually in the venue where the debate itself was held, but in overflow seating with a bunch of Hofstra people. I had been invited earlier in the day to participate in a student debt discussion at Hofstra Law, and they let me hang around for the rest of the day.

I already know who I’m going to vote for. Everybody I spoke to already knew who were they going to vote for. If there were people there who were still unsure about who they were going to vote for, I didn’t notice them, probably because “undecided” voters are too stupid to walk around campus and talk and not choke on their own saliva. In any event, it was fun to watch the debate with a diverse group; everybody hears what they want to hear. Republicans heard Romney’s five-point plan to fix the economy and piss off China. I heard this:

But I’d like to think everybody heard the same thing from both candidates when it comes to student loans: a load of bullcrap….

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