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re: Senior citizens owe $18 billion in student loans
Posted on 9/11/14 at 5:40 am to Teddy Ruxpin
Posted on 9/11/14 at 5:40 am to Teddy Ruxpin
quote:
Last year, 156,000 Americans had their Social Security benefits garnished because they had student loans that were in default, according to analysis conducted by the U.S. Treasury for CNNMoney. That's triple the 47,500 people who had payments garnished in 2006.
This is what happens to the stupid. I'm a senior and I know a lot of stupid seniors. The stupid seniors will wind up living with their kids. Learn from their stupidity and don't borrow what you can't pay or borrow on things that don't pay off.
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