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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 10:41 am to TheCaterpillar
Posted on 2/16/16 at 10:41 am to TheCaterpillar
Agree this is outrageous and leads down a bad road.
0
Posted on 2/16/16 at 10:42 am to TheCaterpillar
quote:
They should just seize everything they own
That gets sticky when you have community property.
My oldest son has a lot of debt. His now wife has none. You can't start seizing their items due to his debt.
This post was edited on 2/16/16 at 10:43 am
Posted on 2/16/16 at 10:42 am to yoga girl
quote:
Most involves large loan amounts that will never be repaid. So, they should be forgiven.
Define "large". If I can just not pay off my student loan, what about my car loan? home loan? Any other debt?
Why should a debt be forgiven? And do you not see anything wrong with just forgiving the debt?
Posted on 2/16/16 at 10:43 am to CadesCove
quote:
Not at all the case here.
Don't believe I said it was.
Posted on 2/16/16 at 10:43 am to Forkbeard3777
quote:
That gets sticky when you have community property.
Don't seize community property?
Posted on 2/16/16 at 10:46 am to TheCaterpillar
quote:
Don't believe I said it was.
It's all about context. And it was definitely implied. But I'll cut you some slack.
Posted on 2/16/16 at 10:46 am to TheCaterpillar
quote:
They should just seize everything they own and require them to live in a low rent place and garnish their wages until its paid
what if the debtor doesn't legally own anything? If he has no home, auto, and no job, what do you do?
Posted on 2/16/16 at 10:46 am to Forkbeard3777
quote:
My oldest son has a lot of debt. His now wife has none. You can't start seizing their items due to his debt.
Yeah you can. If the items are community.
Posted on 2/16/16 at 10:46 am to tigerinthebueche
quote:
Why should a debt be forgiven? And do you not see anything wrong with just forgiving the debt?
First, don't forget that some of the student loan debt problems are from degree mills. They should have to pay, not the students who got their worthless degrees.
Second, why should someone be burdened with debt their entire life for their college education?
Don't forgive it universally, I guess, but cut and forgive where necessary.
Student loans aren't car loans, they aren't home loans. I'm all for debt payment.
Posted on 2/16/16 at 10:47 am to CadesCove
quote:
It's all about context. And it was definitely implied. But I'll cut you some slack
Where's my slack?
Posted on 2/16/16 at 10:48 am to tigerinthebueche
quote:
what if the debtor doesn't legally own anything? If he has no home, auto, and no job, what do you do?
Then do the other part of my idea. Force them into low rent areas and garnish their wages.
There really is no other option if you want to get paid back, besides chain gangs, which I'm all for but the human rights blowhards won't allow it.
I'd love some chain gangs out there fixing our infrastructure with free labor. Personally, I think all non-violent criminal offenses should do that as well instead of living on our dime in prisons.
Posted on 2/16/16 at 10:49 am to yoga girl
quote:
Second, why should someone be burdened with debt their entire life for their college education?
Because they chose it?
Posted on 2/16/16 at 10:49 am to yoga girl
quote:
yoga girl
Posted on 2/16/16 at 10:50 am to tigerinthebueche
quote:
If he has no home, auto, and no job, what do you do?
Definitely advise against getting a second Liberal Arts degree.
Posted on 2/16/16 at 10:51 am to yoga girl
quote:
yoga girl
A prevalent theme in your posts, across various topics, is the idea that people should have no accountability for their actions.
That's a fricking scary thing. You need to grow up.
Posted on 2/16/16 at 10:52 am to yoga girl
quote:
First, don't forget that some of the student loan debt problems are from degree mills. They should have to pay, not the students who got their worthless degrees.
So much for personal responsibility, huh? If you don't want a worthless degree, don't go into a program for one. And frankly the loaners in this case shouldn't give out loans for them, but that's an entirely different issue.
quote:
Second, why should someone be burdened with debt their entire life for their college education?
Once they pay off their debt, then they will be unburdened!
Posted on 2/16/16 at 10:52 am to SoFla Tideroller
quote:Why are we sending money all over the world when we can reinvest in our own people?
How about we just get rid student loans? Why are my tax dollars subsidizing other people's liberal arts degree?
Posted on 2/16/16 at 10:54 am to yoga girl
quote:
I'm all for debt payment.
no, you're not! Debt is debt. How do you differentiate between student loan debt and any other?
quote:
don't forget that some of the student loan debt problems are from degree mills. They should have to pay, not the students who got their worthless degrees
but the borrower borrowed the money. No one forced them to take out the loan. Thats on them.
quote:
Don't forgive it universally, I guess, but cut and forgive where necessary.
define "necesary". What arbitrary figure do you think defines necessary?
Posted on 2/16/16 at 10:55 am to ShoeBang
Some should never pay them back. It'd be a poor financial decision.
Most people do not have assests worth garnishing anyways.
Most people do not have assests worth garnishing anyways.
Posted on 2/16/16 at 10:56 am to LSUBoo
quote:
If you don't want a worthless degree, don't go into a program for one. And frankly the loaners in this case shouldn't give out loans for them
correct.
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