Drudge Retort: The Other Side of the News
Thursday, April 26, 2018

Drew Cloud is everywhere. The self-described journalist who specializes in student-loan debt has been quoted in major news outlets, including The Washington Post, The Boston Globe, and CNBC, and is a fixture in the smaller, specialized blogosphere of student debt. He's always got the new data, featuring irresistible twists: One in five students use extra money from their student loans to buy digital currencies. Nearly 8 percent of students would move to North Korea to free themselves of their debt. Twenty-seven percent would contract the Zika virus to live debt-free. All of those surveys came from Cloud's website, The Student Loan Report. He became ubiquitous on that topic. But he's a fiction, the invention of a student-loan refinancing company. That didn't stop major news organizations from taking his "word" as gospel.

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After The Chronicle spent more than a week trying to verify Cloud's existence, the company that owns The Student Loan Report confirmed that Cloud was fake. "Drew Cloud is a pseudonym that a diverse group of authors at Student Loan Report, LLC use to share experiences and information related to the challenges college students face with funding their education," wrote Nate Matherson, CEO of LendEDU.

Before that admission, however, Cloud had corresponded at length with many journalists, pitching them stories and offering email interviews, many of which were published. When The Chronicle attempted to contact him through the address last week, Cloud said he was traveling and had limited access to his account. He didn't respond to additional inquiries.

And on Monday, as The Chronicle continued to seek comment, Cloud suddenly evaporated. His once-prominent placement on The Student Loan Report had been removed. His bylines were replaced with "SLR Editor." Matherson confirmed on Tuesday that Cloud was an invention.

Comments

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Stilson Hutchins is rolling over in his grave.

#1 | Posted by Rightocenter at 2018-04-25 05:26 PM | Reply

#1

Tyler Durden @ZeroHedge fan.

#2 | Posted by Corky at 2018-04-25 05:45 PM | Reply | Newsworthy 1

That's funny, I have never once posted a link to anything on that site, but you seem to know all about it.

#3 | Posted by Rightocenter at 2018-04-25 05:57 PM | Reply

I am shocked.

#4 | Posted by Sniper at 2018-04-25 06:02 PM | Reply

Lazy journalists lead to Righties like RoC and Snip.

#5 | Posted by BruceBanner at 2018-04-25 10:03 PM | Reply

"Twenty-seven percent would contract the Zika virus to live debt-free."

Who is dumb enough to believe any of that nonsense?

#6 | Posted by danni at 2018-04-26 09:13 AM | Reply

The same ones that believed Dementia Don was going to represent the average American.

#7 | Posted by 726 at 2018-04-26 11:21 AM | Reply | Newsworthy 1

"Twenty-seven percent would contract the Zika virus to live debt-free."
Who is dumb enough to believe any of that nonsense?

#6 | POSTED BY DANNI

Actually, the person might be fake. But we don't know about the data. The information came from a group with the Student Loan Report, LLC.

And if the information was as silly as the Zika thing, it's not exactly the Fake News we should be screaming about.

That said, it crosses the line when the fake person gives financial advice like re-financing.

#8 | Posted by Sycophant at 2018-04-26 12:29 PM | Reply

oh... I thought this was another thread about Trump

#9 | Posted by RightisTrite at 2018-04-27 08:58 AM | Reply

One in five students use extra money from their student loans to buy digital currencies.

Not implausible. Hell, we've got one Retorter right here that openly admitted to using his student loan money to invest in the stock market.

#10 | Posted by Hagbard_Celine at 2018-04-27 09:06 AM | Reply

oh... I thought this was another thread about Trump

#9 | POSTED BY RIGHTISTRITE

#metoo!

Trump is quoted all over the place. Turns out he is a fake.

#11 | Posted by donnerboy at 2018-04-27 09:50 AM | Reply

Lazy journalists lead to Righties like RoC and Snip.

#5 | POSTED BY BRUCEBANNER

And lazy consumers lead to Righties like yourself.

#12 | Posted by IndianaJones at 2018-04-27 12:55 PM | Reply

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