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I now owe 3x what I originally borrowed in student loans, and now my paychecks are being garnished to repay the debt. What can I do?
invite response
2022 Mar 22, 6:03am 17,853 views 113 comments
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111
Patrick
2023 Jan 10, 12:09pm
Patrick
2023 Jan 10, 12:09pm
https://news.yahoo.com/student-loans-doj-says-overruling-193959916.html
That would be wonderful!
All power should reside with the STATES except for what is specifically given to the federal government by the Constitution.
Student Loans: DOJ Says Overruling Biden’s Forgiveness Could Lead to Lawsuits Over ‘Virtually All Federal Action’
That would be wonderful!
All power should reside with the STATES except for what is specifically given to the federal government by the Constitution.
112
HeadSet
2023 Jan 10, 2:35pm
HeadSet
2023 Jan 10, 2:35pm
Patrick says
“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
Tain't no ambiguity here.
All power should reside with the STATES except for what is specifically given to the federal government by the Constitution.
“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
Tain't no ambiguity here.
113
Eric Holder
2023 Jan 10, 6:43pm
https://www.realclearinvestigations.com/articles/2023/01/10/shopping_spree_101_how_refunds_of_federal_loan_overpayments_leave_student_borrowers_with_your_money_to_burn_874108.html
Eric Holder
2023 Jan 10, 6:43pm
Shopping Spree 101: How Refunds of Federal Loan Overpayments Leave Student Borrowers With Your Money to Burn
For many college students, one of the most exciting events in a new semester is not listed on their school’s calendar: Refund Day.
Although the day differs on various campuses, the windfall result is the same: That’s when the millions of students currently taking out federal college loans find out how much of their approved amount is left over after the school has taken its share for tuition and other charges. Students can reject the refund and reduce their debt, or accept the money. Although they are technically required to spend it on education-related expenses, administrators acknowledged there’s no mechanism in place to monitor their expenditures.
“I’m 23, if you give me a refund check, I’m going shopping,” one Philadelphia student told a focus group about student loans and debt relief run by New America, an education think tank. “I don’t understand what that means – You just gave me free money. And no one’s stopping me ‘cause it comes to me.”
https://www.realclearinvestigations.com/articles/2023/01/10/shopping_spree_101_how_refunds_of_federal_loan_overpayments_leave_student_borrowers_with_your_money_to_burn_874108.html
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Answer: Borrowers with less-than-perfect credit records face challenges while climbing out of debt, and they can get steeper when you’re older because income tends to plateau.
Pros offer steps to help you navigate:
1. Declare yourself a Western turning country that is under attack from Russia, and apply for USG funding.
2. Declare yourslf an underwater investment bank, and apply for USG bailouts.
3. Two words - BLM franchise.
4. Sell a kidney.
https://www.marketwatch.com/picks/im-67-and-my-student-loans-are-being-garnished-from-my-paychecks-i-now-owe-3x-what-i-borrowed-and-am-struggling-to-make-ends-meet-what-can-i-do-01647627323?siteid=yhoof2&source=patrick.net