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re: US Marshals arresting people for not paying their federal student loans
Posted on 2/16/16 at 1:38 pm to rocket31
Posted on 2/16/16 at 1:38 pm to rocket31
shite i dont know 
when i looked at my last bill, it had about 20 things they were charging me for.
eta: just checked a 2014 bill. tuition looks to be about 60-64% of the total amount paid that semester.
when i looked at my last bill, it had about 20 things they were charging me for.
eta: just checked a 2014 bill. tuition looks to be about 60-64% of the total amount paid that semester.
This post was edited on 2/16/16 at 1:40 pm
1
Posted on 2/16/16 at 1:39 pm to Deactived
yeah, the bill seemed to add extra categories every semester
Posted on 2/16/16 at 1:40 pm to OceanMan
quote:
spend $10K to collect $1500
sounds about right
Exactly. I'm sure it cost a lot of money to send those U.S. Marshals out. Time to be reasonable and declare at least some of the student loan debt as uncollectible.
Posted on 2/16/16 at 1:42 pm to rocket31
yea some of the stuff is BS. hell, they charged me $126 more because i used a credit card. how criminal is that?
Posted on 2/16/16 at 1:48 pm to yoga girl
quote:
Time to be reasonable and declare at least some of the student loan debt as uncollectible.
good Lord YG, thats your definition of reasonable? Just write it off? How bout the borrowers be reasonable and make a concerted effort to pay back what they owe? Or do you want to cover the bad debt?
Posted on 2/16/16 at 1:49 pm to sandwolf
If that's what the banks determine, so be it.
Posted on 2/16/16 at 1:50 pm to yoga girl
quote:
Time to be reasonable and declare at least some of the student loan debt as uncollectible.
I'd love for you to elaborate on what is reasonable and what debt should be considered not collectible.
Posted on 2/16/16 at 1:55 pm to yoga girl
quote:
yoga girl
you are some kind of troll
Posted on 2/16/16 at 2:02 pm to ShoeBang
quote:
For some people, $400-$600 a month is a huge deal, like life changing money. They'd rather have bad credit than spend that money every month, especially if they got a useless degree and are working a job that doesn't afford them the ability to repay the loan and have a decent life.
So you're saying their poor life choices have consequences?! I shudder to think.
Posted on 2/16/16 at 2:05 pm to LSUBoo
quote:
I'd love for you to elaborate on what is reasonable and what debt should be considered not collectible.
It would be a judgment call. If, for example, someone was making $1000 month take home and had a $400 a month principal payment due, waive 3/4 and make him or her pay $100 a month.
Posted on 2/16/16 at 2:05 pm to yoga girl
heather
i'd love to take you out for coffee
i'd love to take you out for coffee
Posted on 2/16/16 at 2:16 pm to SlowFlowPro
quote:
i'd love to take you out for coffee
Where do you live?
Posted on 2/16/16 at 2:16 pm to yoga girl
quote:
I'm self-employed. I'm working on a book.
Posted on 2/16/16 at 2:19 pm to yoga girl
quote:
It would be a judgment call. If, for example, someone was making $1000 month take home and had a $400 a month principal payment due, waive 3/4 and make him or her pay $100 a month.
Or extend it, then once they get a better job making more money they can start paying it off faster.
Posted on 2/16/16 at 2:23 pm to SlowFlowPro
quote:
SlowFlowPro
quote:
i'd love to take you out for coffee
He's a lawyer... think twice.
You'de probably be better off with a greedy scum bag stockbroler
Posted on 2/16/16 at 2:25 pm to Count Chocula
quote:
He's a lawyer... think twice.
You'de probably be better off with a greedy scum bag stockbroler
Lawyers can be the life of the party, but then again ...
I never would have thought SFP was a lawyer, he doesn't seem shifty.
Posted on 2/16/16 at 2:26 pm to yoga girl
We should have declared the Wall St bailout money we gave out as uncollectable too. Those banks were really struggling to make ends meet.
Posted on 2/16/16 at 2:28 pm to CadesCove
We try to protect the unfortunate and disenfranchised, not the huge greedy banks.
Posted on 2/16/16 at 2:29 pm to yoga girl
quote:Unlike us stock brokers from the street you love....
he doesn't seem shifty.
That'b Wall St
Posted on 2/16/16 at 2:30 pm to yoga girl
quote:
Exactly. I'm sure it cost a lot of money to send those U.S. Marshals out. Time to be reasonable and declare at least some of the student loan debt as uncollectible
no chance to garnish wages?
no chance to add that money onto a loan that he has taken in last 20 years?
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