full transcript

From the Ted Talk by Sajay Samuel: How college loans exploit students for profit

Unscramble the Blue Letters


sdtnuet debt is profitable. Only not on you. Your debt fatetns the profit of the student loan industry. The two 800-pound gorillas of which — Sallie Mae and Navient — potesd last year a combined profit of 1.2 billion drlalos. And just like home mortgages, student loans can be bundled and peacagkd and sliced and diced, and sold on Wall Street. And colleges and universities that invest in these securitized loans profit twice. Once from your toitiun, and then again from the interest on debt.

With all that money to be made, are we surprised that some in the higher education busnsies have begun to eaggne in false advertising, in bait and switch ... in exploiting the very ignorance that they pretend to educate?

Open Cloze


_______ debt is profitable. Only not on you. Your debt _______ the profit of the student loan industry. The two 800-pound gorillas of which — Sallie Mae and Navient — ______ last year a combined profit of 1.2 billion _______. And just like home mortgages, student loans can be bundled and ________ and sliced and diced, and sold on Wall Street. And colleges and universities that invest in these securitized loans profit twice. Once from your _______, and then again from the interest on debt.

With all that money to be made, are we surprised that some in the higher education ________ have begun to ______ in false advertising, in bait and switch ... in exploiting the very ignorance that they pretend to educate?

Solution


  1. posted
  2. engage
  3. dollars
  4. fattens
  5. business
  6. packaged
  7. tuition
  8. student

Original Text


Student debt is profitable. Only not on you. Your debt fattens the profit of the student loan industry. The two 800-pound gorillas of which — Sallie Mae and Navient — posted last year a combined profit of 1.2 billion dollars. And just like home mortgages, student loans can be bundled and packaged and sliced and diced, and sold on Wall Street. And colleges and universities that invest in these securitized loans profit twice. Once from your tuition, and then again from the interest on debt.

With all that money to be made, are we surprised that some in the higher education business have begun to engage in false advertising, in bait and switch ... in exploiting the very ignorance that they pretend to educate?

Frequently Occurring Word Combinations


ngrams of length 2

collocation frequency
higher education 7
high school 5
student loan 3
colorado state 2
college grad 2
student debt 2
sales pitch 2
college grads 2
engineering student 2


Important Words


  1. advertising
  2. bait
  3. begun
  4. billion
  5. bundled
  6. business
  7. colleges
  8. combined
  9. debt
  10. diced
  11. dollars
  12. educate
  13. education
  14. engage
  15. exploiting
  16. false
  17. fattens
  18. gorillas
  19. higher
  20. home
  21. ignorance
  22. industry
  23. interest
  24. invest
  25. loan
  26. loans
  27. mae
  28. money
  29. mortgages
  30. navient
  31. packaged
  32. posted
  33. pretend
  34. profit
  35. profitable
  36. sallie
  37. securitized
  38. sliced
  39. sold
  40. street
  41. student
  42. surprised
  43. switch
  44. tuition
  45. universities
  46. wall
  47. year