Posted on 05/19/2025 8:42:50 AM PDT by SeekAndFind
Covid exposed how bad our public schools were...and also the scumbag teachers.
Zero sympathy!
15% garnishment? 15% of a theatre arts major’s earnings is zero. So, there’s that.
If he got his degree early on, that would be from before student loan debts skyrocketed under Obama.
So what happened in the intervening years besides having two children?
-PJ
Then move to New York, $75k+/year for 9 months work.
It should be the same as any other debt. Neither the government nor the schools deserve to have any special protections that are denied to other institutions.
“Money is tight when you’re a teacher”
Tell that to the two retired master teachers I know who retired at over $100,000 a year each.
Most teachers make good money..$100,000 in my state.
WHY???
DOESN’T MAKE SENSE TO ME.
THAT IS SOME OF MY TAXES.
If you are a teacher, you can carpool to work. Sell your car, no payment, no insurance. Use the $400-$600 a month for that, plus $50 for gas. You can easily payback the College loan that you stupidly borrowed.
Why don’t people take advantage of Community College, live at home, and finance 2 years of College with a job selling coffee in spare time.
Community College is your friend, and inexpensive. Except the downside is, you can live at moms house, less partying, and no Spring Breaks.
I did community college for 2 years then to university. I recommend it for appropriate circumstances
THAT would solve a *lot* of problems.
Heck, the schools need to be on the hook to some level.
Then get a full time job.
U.S. Department of Education will soon garnish up to 15% of his wages because he’s behind on his student debt payments.
It’s how loans work no pay back repo man gets a call.
Jill Biden’s doctorate of education was attained from a community college!
Agreed. The purpose of bankruptcy is to rehabilitate the debtor, either by liquidation of assets or a payment plan. It’s a fresh start with rules to prevent abuse and a trustee to police it. Corporate bankruptcy achieves the same result. There are legal costs for filing, potential for some assets to be seized, inability to obtain credit in the future, and having your name associated with this public records item. It’s not a free ride.
True that people can become insolvent by bad decisions, but equally true is that bad things can happen to good people. A layoff, a cancer diagnosis, lack of good jobs, divorce, etc. can tank a family’s finances even if they kept a nest egg for emergencies.
To the point, student loans should be dischargable in bankruptcy. And, I wouldn’t be opposed to a calculation on how much a debtor has contributed in tax payments over X years prior to filing to be used as an offset.
The problem is with the government lending taxpayer money. Changing bankruptcy laws to accommodate that flaw is perverse and dangerous.
The government should not be in the loan business colluding with financial korporations to give them special protections that NO company deserves.
Except he glosses over how governments inflate money supply to in-effect force taxpayers to pay government debts.
It’s rough out there for a lot of people yet too few step back and see what’s driving the trouble. For example, our private sector is responsible for paying for the public sector of our economy. For decades the ratio of private sector employees to public sector employees has been shrinking. Like frogs in a pot of hot water, we’re getting cooked without recognizing the threat. Hard choices need to be made concerning the size and efficiency of government in our country. This means at all levels, federal, state and local.
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