Posted on 02/16/2016 7:43:54 AM PST by TigerClaws
She simply "got away with it." Either they gave up trying to collect, or they lost her records, or something. But she treated them as "government grants" and never paid a dime.
My wife and I struggled to pay our loans off when we had basically nothing.
Not your decision to make, lady.
I plan to stay and join the Resistance. I have certain skills.
My point in mentioning the Sheriff is that an elected official is more likely to serve a warrant in a sane manner.
Paul (not Wise) Aker !
What the government giveth, the government taketh away.
Maybe majoring in African-American Lesbian Studies wasn’t such a great idea.
Teach me and I stay.
He didn’t get arrested for not paying the loan. He got arrested for ignoring a court order.
“. . .most of these folks went into debt for programs which led to no jobs.”
Meaning, most went and got degrees that led to no jobs, like post-colonial transgender afro-Polynesian art studies, for example.
Thing is, these guys knew when they took the money they would have to pay it back, especially when they were in college and after graduation.
They chose to walk away and that is dishonorable behavior and should not be allowed to pass. Perhaps if they tried to re-structure the debt and work something out, but after decades it is clear even to Ray Charles they never intend to pay it back.
Therefore, to let them skate conveys the message that it is okay to take a student loan and don’t bother about paying it back, “they” won’t ever come after you so just skate on the suckers (taxpayers) that funded you.
“Make school loans dischargeable and we’ll see how hard schools push loans.”
That is an interesting suggestion. Right now, in my experience while teaching college, the schools try to get everyone some sort of loan or grant. . .everyone.
Cheers.
“Meaning, most went and got degrees that led to no jobs, like post-colonial transgender afro-Polynesian art studies, for example.”
I’ll go out on a limb and say that major probably accounts for a very low percentile of defaults.
A friend has paid off a student loan FOUR times. So far.
Back in the mid-80’s a long-time family friend took out a $3000 student loan so his son could attend the Photography School at the Art Institute of Houston. The first week the son discovered that the facilities at the school that he toured were a Potemkin village, and the equipment he would be learning on wasn’t as good as his home darkroom setup.
So the son withdrew during the first two weeks and got a full refund. But the school said they had to return the money to the bank and couldn’t just give it back to him. So he signed a release to send it back, and a few weeks later he received a letter from the bank saying the loan and been paid off, and another letter from the school saying the same thing.
Case closed, right?
Then in 2002, 17 years later, he got a letter from a collection agency who had bought the debt, seeking repayment on the loan, now up to about $8000. They were then able to get 10% of his paycheck garnished toward payment.
Knowing he had paid this, he looked for his paid-off letter, but having move 4 times since them, no luck. So he tried to track down the bank, no luck. The bank had gone under in the late 80’s, and he could find no record of who bought it up.
So it was back to the Art Institute for confirmation. He was told that this was before they were computerizing their records, and everything from that era was lost when their basement flooded during one of Houston’s periodic rainstorm/floods.
So out of luck, he paid off the loan, again, at $200 a pay period for the next 18 months.
Think it was all over. WRONG!
He has now ‘paid’ off the loan TWO more times over the next 10 years, for a total of four, since then.
He has tried to tell the new collection agencies that it’s paid, but they say they bought the note, and they again garnish his wages. Apparent the laws concerning student load repayment give them enormous power to collect, so they just ignore any paperwork showing it’s been already paid off.
He talked to a lawyer who was experienced in this, who said it was going to be a long haul and he wanted $15,000 for a retainer. Two other lawyers said pretty much the same thing, and wanted the same amount.
So, for him, it’s just cheaper to pay the $8000 every 5 or 6 years. He expects another bill in the next 2 or 3 years.
Wow, with the first four words of the article, we know the writer has a liberal bent.
It probably cost us closer to $15M to get those ranchers off the abandoned wildlife refuge.
"P.S. I'm voting for BERNIE! It's JUST NOT FAIR!!!"
Sending 5 ferals to arrest someone for a $1500 loan is something that only the feral government would think makes sense. They probably spent $5k for their time.
Good. Pay your debts.
it took me ten years to pay off my student loans, the fact this parasite refused to pay back $1500 after 29 years tells me it is theft pure and simple... i have absolutely NO pity for these people at all.
Why such an astronomical amount, to get some kind of permanent court order?
You don’t know how they got into this spot... look at chaosagent’s story.
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