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Started By
Message
re: US Marshals arresting people for not paying their federal student loans
Posted on 2/16/16 at 10:18 am to yoga girl
Posted on 2/16/16 at 10:18 am to yoga girl
quote:
They weren't arrested for not paying but for not showing up for Court (which is still wrong).
I'm assuming you are trolling, and not this stupid.
2
Posted on 2/16/16 at 10:18 am to yoga girl
Then that means they aren't loans.
It's just free cash.
It's just free cash.
Posted on 2/16/16 at 10:18 am to yoga girl
quote:
Most involves large loan amounts that will never be repaid. So, they should be forgiven.
I am glad you have a trust fund to live off of. If you had to go into business, you'd starve to death.
Posted on 2/16/16 at 10:19 am to Epic Cajun
quote:check out her post history.
I'm assuming you are trolling, and not this stupid.
Posted on 2/16/16 at 10:20 am to tigerinthebueche
quote:
we don't need law enforcement involved
well who would you suggest we get to handle it? The IRS? A judge?
uhm, yes, a judge. this is contract law. not criminal. garnish, attach, execute, levy, FiFa, etc. But you don't lose your bodily freedom over a debt in this country.
This post was edited on 2/16/16 at 10:22 am
Posted on 2/16/16 at 10:20 am to CadesCove
quote:
Reason number 9,586,432 to pay back your cheap loans on time.
It would be nice if this was reality, but some people simply cannot. Their degrees don't generate enough job income to pay them back. So, maybe we don't need blanket forgiveness, but we certainly need to correlate what is paid back with what the person earns.
Posted on 2/16/16 at 10:20 am to yoga girl
quote:
One reason tuition is so high is the availability of student loans. There's no pressure on a college to reduce costs because of the student loan program.
I just knew if you persevered, you would something that was economically and morally sound.
quote:
Most involves large loan amounts that will never be repaid. So, they should be forgiven.
This is ludicrous and you know it.
Posted on 2/16/16 at 10:21 am to yoga girl
quote:
It would be nice if this was reality, but some people simply cannot. Their degrees don't generate enough job income to pay them back. So, maybe we don't need blanket forgiveness, but we certainly need to correlate what is paid back with what the person earns.
and rehtaeh is a retahrd.
Posted on 2/16/16 at 10:21 am to McLemore
quote:
execute
I don't think anyone is suggesting capital punishment
Posted on 2/16/16 at 10:22 am to yoga girl
quote:
Their degrees don't generate enough job income to pay them back.
Go full on Dave Ramsey and deliver pizzas at night to cover your loan debt. There's always a way.
Posted on 2/16/16 at 10:22 am to yoga girl
quote:
The government asks debtors to pay their loans or provide financial information, and if those requests go unanswered, a court orders the debtors to appear before magistrate judges with the information.
That sounds perfectly reasonable to me. Either pay your student loans or provide financial information showing that you can't afford to pay. If a person can afford to pay, then they should; allowing someone to just default on something they agreed to pay just because makes absolutely no sense.
Posted on 2/16/16 at 10:23 am to Epic Cajun
quote:
I don't think anyone is suggesting capital punishment
ha. good one. that would be a tad in extremis (to use more legalese)
Posted on 2/16/16 at 10:25 am to yoga girl
quote:
we certainly need to correlate what is paid back with what the person earns.
Person that took out the loan should have correlated that a liberal arts degree wasn't going to be able to payback that loan without working like a madman.
Posted on 2/16/16 at 10:26 am to jrodLSUke
quote:
That sounds perfectly reasonable to me. Either pay your student loans or provide financial information showing that you can't afford to pay. If a person can afford to pay, then they should; allowing someone to just default on something they agreed to pay just because makes absolutely no sense.
That's reasonable - if they truly cannot pay, then forgive the debt. If they can pay, they should.
I'm not stupid (as someone said). I have a degree and I made good grades. I also pay my bills. I've never had a loan, but I do pay my two credit cards every month. I'm a responsible person, but I also have compassion.
Posted on 2/16/16 at 10:27 am to yoga girl
quote:
That's reasonable - if they truly cannot pay, then forgive the debt. If they can pay, they should.
That's not.
Posted on 2/16/16 at 10:28 am to High C
quote:
I thought Obama was forgiving all student loans.
Pretty sure you have to meet certain 'requirements'
Posted on 2/16/16 at 10:28 am to forksup
quote:
Person that took out the loan should have correlated that a liberal arts degree wasn't going to be able to payback that loan without working like a madman.
I don't necessarily disagree with you. People signed up for degrees that had low job value at schools with expensive tuition. But, that is problem society should have addressed before these students enroll.
The bottom line is that we have a huge student loan debt problem and the debt collection bureaucracy isn't making the situation better. Nothing gets solved.
Posted on 2/16/16 at 10:30 am to yoga girl
quote:
It would be nice if this was reality, but some people simply cannot. Their degrees don't generate enough job income to pay them back. So, maybe we don't need blanket forgiveness, but we certainly need to correlate what is paid back with what the person earns.
there are already options for this.
they will base your monthly loan payback payments on your income and your bills. So it is a reasonable way to pay back your loans without going into the red.
next excuse.
Posted on 2/16/16 at 10:30 am to CadesCove
quote:
That's not
Yes, it is reasonable. If you can't pay a private debt, eventually it goes away because of the statutes of limitations. Student loans just keep on going apparently, since this guy had a 1985 loan.
Someone making $40k a year who has $100k in student loan debt is never going to pay that debt off. $40k is barely enough to live on. Forgive all or part of it and then move one (e.g. in my example, make him pay $100 a month for ten years).
Posted on 2/16/16 at 10:31 am to yoga girl
quote:
that is problem society should have addressed before these students enroll
I agree. Gender Studies should not be allowed as a major. Society has failed these kids by allowing them to be coddled.
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