Word: maes
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...escape plan, procure the forged documents and furnish the transportation. One kingpin of the racket is Big Boss Ma (not his real name), a Thai gangster of Chinese descent who funnels mainland Chinese through Bangkok. Seated in the lotus position on a teak sofa at home in Mae Sai, a northern Thai town, Big Boss exudes confidence and affluence. His gold front tooth glimmers as he speaks of his $20,000 prepaid package trips, which he claims have a success rate...
Elsi is only the beginning of a long, paper-filled maze of agencies. Sallie Mae, the Student Loan Marketing Association, is the real culprit. Sallie Mae is no Madonna, but she probably makes more money in a year from poor saps like me than Madonna will make in her whole career. Sallie Mae and Madonna do, however, have one thing in common: bondage. One temptress' whips and chains are another's default notices...
There seems no reason to continue using this system for student loans. Could Uncle Sam be any worse at this than Sallie Mae? Although the government has practice in staggering inefficiency, the problem now is that the bumbling is compounded on three levels...
First the school botches up applications, misses deadlines and stifles communication. Then Sallie Mae and her cohorts tie up payment processing with their impersonal computer system that miscalculates graduation dates. The government sells the Joans to Sallie Mae and then guarantees payment. All Sallie Mae does is collect the payments and interest...
...certainly be willing to do any kind of service to get myself out of hock with these Ivan Boeskys of student finance. As long as my credit rating is crashed, I might as well apply for some kind of Sallie Mae credit card with mileage credit. At least then I'll earn points for every trip I have to make between the Square and Garden Street--not to mention all the calls to my toll-free buddies at Elsi. Getting the paperwork right is important. I just hope Harvard pulls through today...