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2016-02-16 -Land of the Free

Enjoy your slave debt: US Marshals arresting people for not paying their federal student loans

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Posted by DarthVader 2016-02-16 13:16|| || Front Page|| [3 views ] Top

#1 Is this an election of remedy? Could the judgment be discharged in bankruptcy even when the loan would not have been?

Posted by Iblis 2016-02-16 13:40|| 2016-02-16 13:40|| Front Page Top

#2 Motivating the "Free Stuff" brigade to vote Donk in the next election. Bernie will save us(tm).

Posted by Procopius2k 2016-02-16 13:43|| 2016-02-16 13:43|| Front Page Top

#3 Not mentioned is that the government took over student loans as part of Obamacare. This could be the wave of the future for kids racking up loan debt now.

Posted by Beau 2016-02-16 17:55|| 2016-02-16 17:55|| Front Page Top

#4 The Feds borrow the money at about 2.4% and loan it at 6.2%. The proffits are used to help fund Obamacare.Basically it's a "tax" on education.

Posted by Deacon Blues 2016-02-16 19:25|| 2016-02-16 19:25|| Front Page Top

#5 What's with the media outrage? A guy took a government loan, made no attempt to pay it back for 29 friggin' years, and the government finally sends some muscle to collect. 'Sounds fair to me. Try ignoring repayment of a loan from "Vito" down at the union hall for 29 years - and let us know how your kneecaps are healing up.

The entire loan issue is a two sided monster - the government did in fact inflate a huge bubble, and exploit the ignorance of a lot of fools who can see no father than "Gee, this looks like free money". But - there are also legions of former students who have made good, and yet have made no effort whatsoever to pay back their loans - based on a perception of "entitlement". Well, I have no problem with them doing timer in a federal pen somewhere, to reeducate them about the truth in regards to entitlement - that being juts s progressive fiction.

Posted by Lone Ranger 2016-02-16 20:06|| 2016-02-16 20:06|| Front Page Top

#6 "Fuck you, pay me."

Posted by Gubmint 2016-02-16 20:44|| 2016-02-16 20:44|| Front Page Top

#7 Kill the chicken to scare the monkey.

Posted by rammer 2016-02-16 21:58|| 2016-02-16 21:58|| Front Page Top

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