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Crushing debt (Student Loan debtor kills self)
Chicago Sun-Times ^ | September 24, 2007 | DAVE NEWBART

Posted on 09/24/2007 4:53:43 PM PDT by DogandPonyShow

Jan Yoder was preparing for her son's funeral when the phone rang. It was another student loan collector wanting to know when her son would pay up.

Her terse response: Jason is dead. And, she said, "You are part of the reason he took his own life.''


TOPICS: News/Current Events
KEYWORDS: debt; studentloans; suicide; whatsinyourwallet
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1 posted on 09/24/2007 4:53:45 PM PDT by DogandPonyShow
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To: DogandPonyShow

Trust me, this person had plenty of other problems. And he would have killed himself over something else.


2 posted on 09/24/2007 4:55:17 PM PDT by ChildOfThe60s (If you can remember the 60s........you weren't really there)
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To: DogandPonyShow

‘Her terse response: Jason is dead. And, she said, “You are part of the reason he took his own life.’’’

I guess his landlord, the electric company and the water company are the other perps. Round ‘em up. /s


3 posted on 09/24/2007 4:57:30 PM PDT by L98Fiero (A fool who'll waste his life, God rest his guts.)
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To: ChildOfThe60s

Knew him well, did you?


4 posted on 09/24/2007 4:59:13 PM PDT by karnage
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To: DogandPonyShow

I’m sure we’ll be soon hearing stories of suicides because of lack of health care, too. Sheesh.....


5 posted on 09/24/2007 4:59:26 PM PDT by goodnesswins (Being Challenged Builds Character! Being Coddled Destroys Character!)
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To: DogandPonyShow
After his death, at least two pharmaceutical firms attempted to contact him about job openings, Jan Yoder said.

Don't leave 5 minutes before the miracle happens.
6 posted on 09/24/2007 4:59:28 PM PDT by stylin19a (No Bears !)
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To: DogandPonyShow

So now people aren’t supposed to pay their just debts if it makes them feel bad about themselves or depresses them? Sorry, we can’t run a viable economy that way. This young man was obviously troubled and the collectors probably had little or nothing to do with his taking his own life. I expect the family will try to sue the collection agencies, if I know our modern society.


7 posted on 09/24/2007 4:59:47 PM PDT by 2ndDivisionVet (https://www.fred08.com/contribute.aspx?RefererID=c637caaa-315c-4b4c-9967-08d864cd0791)
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To: DogandPonyShow

Suicide: A permanent solution to a temporary problem.


8 posted on 09/24/2007 4:59:50 PM PDT by FReepaholic (A crowded elevator smells different to a midget.)
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To: L98Fiero

Or maybe it was because his name was “Jan”. So maybe the Mom is the perp.

Jan-Michael Vincent ain’t doing to great. There could be a pattern.


9 posted on 09/24/2007 4:59:53 PM PDT by L98Fiero (A fool who'll waste his life, God rest his guts.)
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To: ChildOfThe60s

Yes...

“While relatives acknowledge Yoder had fought depression on and off for years...”


10 posted on 09/24/2007 5:00:46 PM PDT by toldyou
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To: 2ndDivisionVet

Well, people who intentionally cheat on their taxes or run up huge credit card bills gambling are allowed to renegotiate the debt or set upsome kind of compromise to make things right. As the system stands now Student Loan debtors are on par with criminals paying monetary restitution for their crimes and people who owe the mafia money.


11 posted on 09/24/2007 5:02:15 PM PDT by DogandPonyShow (America, the Light of the World.)
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To: DogandPonyShow

That’s incredibly sad. Prayers for the surviving family.


12 posted on 09/24/2007 5:02:20 PM PDT by Clintonfatigued (You can't be serious about national security unless you're serious about border security)
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To: 2ndDivisionVet

“I expect the family will try to sue the collection agencies, if I know our modern society.”

Of course. Why contact the press for the article?


13 posted on 09/24/2007 5:02:44 PM PDT by toldyou
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To: ChildOfThe60s

So then could he have made a case that he was mentally incompetent when he took out the debts and legally walked away from them?


14 posted on 09/24/2007 5:04:26 PM PDT by DogandPonyShow (America, the Light of the World.)
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To: DogandPonyShow

Bumper sticker: “Get even, die in debt!”


15 posted on 09/24/2007 5:05:27 PM PDT by CGTRWK
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To: DogandPonyShow

A student loan is a government-backed & guaranteed loan (like a VA or FHA mortgage or SBA business loan), unlike credit cards, which are unsecured. Back taxes are another matter, as the IRS is just happy to get dimes on the dollar in many cases. Kind of an apples and radiators comparison.


16 posted on 09/24/2007 5:06:31 PM PDT by 2ndDivisionVet (https://www.fred08.com/contribute.aspx?RefererID=c637caaa-315c-4b4c-9967-08d864cd0791)
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To: DogandPonyShow
Jason is dead. And, she said, You are part of the reason he took his own life.

I smell a lawsuit in the making.

17 posted on 09/24/2007 5:08:48 PM PDT by Gay State Conservative (If martyrdom is so cool,why does Osama Obama go to such great lengths to avoid it?)
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To: DogandPonyShow

When will “Big Education” be characterized the same way “Big Oil” is? The cost of college education has skyrocketed while oil and gasoline has decreased as a percentage of family budget (Despite recent spikes).


18 posted on 09/24/2007 5:09:29 PM PDT by Incorrigible (If I lead, follow me; If I pause, push me; If I retreat, kill me.)
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To: 2ndDivisionVet

IMHO I always thought debt was debt. A lender takes risks when he loans money, some of that risk is that he will not get the money back. That is why he gets to charge interest.
The student loan lenders are esstentilly taking NO RISK. (Except as in this case when the payee offs themselves)

IMHO

The S.L. whole system is bad. Tuition is too high and loans are too readily available to those who cannot show any real potential to pay it back. The situation is worse the the curent home mortage situation.

IMHO

If people have made good faith efforts to pay the SL debt back over a substantial period of time and cannot due to circumstances essentially beyond their control; Their healy, other monetary concerns, etc. they should have a way of making itrigh without beinghounded into their old age or until their death.

IMHO


19 posted on 09/24/2007 5:12:43 PM PDT by DogandPonyShow (America, the Light of the World.)
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To: Incorrigible

Good point....suicide is cowardice however the insane rising costs of a college education are outrageous and insipid.


20 posted on 09/24/2007 5:12:45 PM PDT by tflabo
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