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| -Land of the Free |
| Enjoy your slave debt: US Marshals arresting people for not paying their federal student loans |
| 2016-02-16 |
| Posted by:DarthVader |
| #7 Kill the chicken to scare the monkey. |
| Posted by: rammer 2016-02-16 21:58 |
| #6 "Fuck you, pay me." |
| Posted by: Gubmint 2016-02-16 20:44 |
| #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 |
| #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 |
| #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 |
| #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 |
| #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 |