Ever since I started paying back my student loans some 20 months ago, I’ve been complaining about how inept and downright rude the people at the New Jersey Higher Education Student Assistance Authority are on the telephone. Not only do they treat you like you are trying to get away with something, but they fail to understand the basic fundamental purpose of their organization – to provide low-cost student loans to New Jersey residents so they may earn a higher education degree.

Well, it looks like these folks are finally going to get what’s coming to them. The Asbury Park Press reported the other day that an independent monitor will begin looking at the NJHESAA as a part of the national student loan scandal that is unfolding. Good.

I don’t know all of the nitty gritty details of what’s going on at NJHESAA and I really don’t want to know them right now. I’m glad that this organization is being monitored and that new borrowers will think twice about whether or not this is the proper vehicle for their higher education financing needs. If I could go back in time and NOT take a NJHESAA loan, I would do that in a heartbeat. I’d rather have a loan from a large traditional financing institution that sees me as nothing more than a profit on their books than deal with the arrogant, demeaning people at NJHESAA.

And they charge me too much for my loan. Thanks to Dave for sending me this link a few weeks ago.