You really do not have any idea what you are talking about. I went to Texas A&M 20 years ago. It cost me about $2K a year...for 15 hours over 2 semesters...room (granted...in the cheapest dorm with no AC...but I was poor and on the GI Bill) and a 7 day meal plan. Today, if I want to send my kid to Texas A&M...a public school...the same setup will be closer to $18K a year. So what cost me about $10K will cost my kid $80K...and he's only 11. Imagine what it will be like in 10 years when he is old enough to actually GO to college. What about my 3 YO little girl...or 9 YO? And my 11 YO wants to be a VET (horse vet).
So...talk again about how it is OK for A SWAT TEAM...ARMED SWAT TEAM to enter a house over back student loans? Especially when the perp doesn't even LIVE THERE? You know...STUFF happens in life some times. HARD TIMES. And its either pay a bill and starve...or EAT. Making that choice should not come with the thoughts of having your door kicked down by a SWAT TEAM. There are other remedies.
You are NUTS. THAT is NOT America. WRONG forum buddy.
As to the SWAT team, yes, that probably was a bit too much. We don't know, however, what went on before such a drastic measure was taken. Had the these people threatened anyone who contacted them about the bad debt? I'm suspicious that was the case.
These people had a house and 3 kids — maybe cars, boats, etc. They'd most likely been out of school for quite awhile. I suspect that they hadn't been making payments for some time. There are ways to apply for relief when a debtor falls on a patch of bad luck, but ignoring the problem or threatening a collector will almost always bring some first-class trouble.
Please don't let projected college costs worry you too much. Lots of things must be factored in. For instance, many of the finest universities are making classes available
online. By the time your children are ready, teaching methods may have gone through some big changes. The marketplace is working: too many high-paid college professors and administrators may very well force schools to find different, cheaper ways to operate. Factor in, too, inflation (or will it be depression or stagflation?), scholarships, work/study programs, summer jobs for the older kids, and you have some wonderful years to look forward to. Your kids will make it; you did.
Tuition rose bc money was made available, without any
oversight or constraints. Many fields (pharmacists,
nursing) have upped their credential requirements from
a B.S. to Ph.D. (pharmacy) and to B.S.N. for nursing.
In the latter case, clinical training has fallen by the
wayside despite the longer years and increased costs.