Your college loans will never go away
And I should know, my loan debt is near 35K! When I was a student, a classics major, I thought I could always fall back on bankruptcy to erase my debts if I didn't find a fabulous job in the world of art historizising. Unfortunately I learned that bankruptcy doesn't apply to student loans, who knew?! Now comes word that the government can hold my Social Security checks when I'm an old lady. How's granny gonna pay for her cat food if I still have my student loan debt and no Social Security money to show for it?The Supreme Court ruled unanimously Wednesday that the government can seize a person's Social Security benefits to pay old student loans.
Retiring Justice Sandra Day O'Connor wrote the decision that went against a disabled man, James Lockhart, who had sued claiming he needed all of his $874 monthly check to pay for food and medication.
His government benefits had been cut by 15 percent to cover debts he incurred for college in the 1980s... Lockhart, 67, a former postal worker who now lives in public housing in Seattle, has heart disease, diabetes and other health problems. He has about $77,000 in student loan debt.
posted by BrooklynKat at 2:47 PM
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9 Comments:
Total BULLSHIT, eh? I was amazed when I saw this article in the news the other day.
so now it's ok to take out a LOAN (if you need to look that word up please do so) and not pay it back? you've had like 50 yrs to do so.
I always pay back my debts, even if it takes me till I'm old and pathetic. No, no government, I insist, please take my Social Security money. I don't need it. I'm feasting on 9Lives tuna melt tonight.
again its a LOAN you knew that going into it.Try not paying back your car/house LOAN and see what happens.people see their car being towed by repo men and it's "ok" because "they" didn't make the payments, but just because its the "big brother,conspiracy riddled" gonvernment it's ok to screw them over.(please no pathetic "well they uuuhh uhhh screwed us over" bull)Its all about personal responsibility.try it out once in a while.
Ogre,
why are you so angry all the time?
and why do you come on this blog if you hate it so much. could it be that you actually agree but are too scared of your shameful feelings?? Please let me know.
I'm listening.
it just pisses me off that you (general dem/lib/ind populous) just don't get it. i come here to laugh at your tired little rants and try to shine the wisdom of enlightenment down upon you all. please don't patronize me.there i asked nicely
Ogre, I love that we got a fan. Even if you hate our ideas. Thanks for posting!
ok look , let me get something straight. When i rant its not at any-one persone on this board (unless you're stupid to me)i rant at what i see as the general ideas that the left have, and i try to set the record straight. now Brooklynkat i appreciate you LETTING me rant.i know my personal personality and I would have probably cut me off long ago. so i thank you for having much more patience than me.so unless i know you in person, or like i said ,are stupid to me , i'm ranting at ideas not people (except mickey moore)
It's an interesting idea.
Normally we'd take a guy's car away if he didn't pay the loan on it, his house if he hadn't payed for that, but this guy paid for his future, in effect. All his livelyhood could be traced back to his investment in his collegate future. Was his entire life on loan?
It's like someone who makes a deal with the devil for wealth and power in exchange for their soul and then, when he's in greatest need of his newfound glory, the devil comes calling. Perhaps this is a bit of a dark metaphor for the U.S. government and the collegate loan administrators, but the situation I think is apt.
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