Drew Cloud - a fraud for our time

News on the fake news front:

This Chronicle of Higher Education piece that unmasks an 'expert" on student loans, Drew Cloud, as a simulation - or fraud, depending on your lexicographic preferences - created by a student loan company is interesting.

"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."

Now, I am wondering if the Washington Post will have a report on how, how, how they came to quote a fraud as a genuine source of expert opinion on student loans. The Chronicle of Higher Education article is very deadpan, which makes the explanations from various scroungers working for Student Loan Report, LLC , a company that wants to suck your blood after the first serving of your blood has been sucked by some other loan company - oops, I mean, a company which wants to explore exciting options in credit extension with former students! - very very funny. It turns out that making up a profile and persona was just a way of serving the public even better! "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.

Pressed on whether he regretted deceiving news organizations with a fake source, Matherson said Cloud "was created as a way to connect with our readers (ex. people struggling to repay student debt) and give us the technical ability to post content to the Wordpress website. "Cloud had an elaborate back story. Before being scrubbed from the website, he was described as having "a knack for reporting throughout high school and college where he picked up his topics of choice." Since graduating from college, the site said, "Drew wanted to funnel his creative energy into an independent, authoritative news outlet covering an exclusive and developing industry.""

Read the article. Then preserve it. We need to put it in a time capsule so that our unfortunate descendants will be able to understand just how fucked up we were.