The Nation just published our article on the fuzzy math that student loan companies are using to manipulate the debate on the student aid bill. Here is an excerpt:

Lately, Sallie Mae executives have been paying visits to Capitol Hill to make their case against SAFRA, claiming it will mean thousands of jobs lost. They are even bringing workers from their call centers on these visits to argue that their jobs should be spared. This activity seems to be having an impact on certain members of Congress, who, with the unemployment rate being in the double digits, are sensitive to the idea of losing any more jobs in their state or district.

Every person’s job is important. There is no minimizing the loss of a job and its impact on a family, especially during the current jobless recovery.

But there is something objectionable about a company manipulating data and its own workers to preserve the corporate welfare on which it has long thrived.

Click here to read the rest.