[Bernard]

Actually, as long as the iRS can collect student loan late payments by seizing income tax refunds, the government probably thinks it can get 85% collection of student loans. But, once the smelly dope-smoking English majors or Womyn's Studies majors actually stop occupying Wall Street and get a job and figure out that they can lower their withholding to avoid having the IRS seize their refunds, the repayment of student loans will not get better.

Which means that we could have the future spectacle of government collectors showing up at funerals and will readings to get back the Obama legacy. Assuming the late-paying student loaners have anything left to seize.

[FreedBird]

So Obama tries to energize the Occupy mobs by promising future student loan forgiveness. He needs these mobs to energize his campaign and also divert attention from his numerous failures. The rats continue to take the bait!

[101voodoo]

"Actually, as long as the iRS can collect student loan late payments by seizing income tax refunds, the government probably thinks it can get 85% collection of student loans. But, once the smelly dope-smoking English majors or Womyn's Studies majors actually stop occupying Wall Street and get a job and figure out that they can lower their withholding to avoid having the IRS seize their refunds

" WTH? If they reduce withholding they will OWE taxes and the government can simply take the amt they would have gotten had the individual left the withholding as it was due a refund.

[Cheerio]

Actually, as long as the iRS can collect student loan late payments by seizing income tax refunds, the government probably thinks it can get 85% collection of student loans.

Why wouldn't the Won just ignore this law similar to his back door amnesty and allowing illegal aliens to roam our streets, being turned lose after being arrested by law enforcement?