return2ozma@lemmy.world to News@lemmy.world · 2 years agoStudent loan borrowers skip payments: It's "an act of civil disobedience", 1 in 10 say they won't paywww.newsweek.comexternal-linkmessage-square87linkfedilinkarrow-up138arrow-down13
arrow-up135arrow-down1external-linkStudent loan borrowers skip payments: It's "an act of civil disobedience", 1 in 10 say they won't paywww.newsweek.comreturn2ozma@lemmy.world to News@lemmy.world · 2 years agomessage-square87linkfedilink
minus-squareSzethFriendOfNimi@lemmy.worldlinkfedilinkarrow-up1·edit-22 years agoAnd they’re not eligible for bankruptcy relief either Correction: You can but it’s hard. It’s a little easier under this administration though https://www.cnn.com/2022/11/17/politics/student-loan-debt-bankruptcy/index.html
minus-squareCogency@lemmy.worldlinkfedilinkarrow-up0·edit-22 years agoAs far as I know indentured servitude is illegal in this country already, I’m pretty sure that’s reason enough not to pay. They are conscientious objectors in that sense and I’m cheering them on.
minus-squareSzethFriendOfNimi@lemmy.worldlinkfedilinkarrow-up1·edit-22 years agoExcept, if don’t pay they don’t even need to sue to get a default judgment and garnish your wages. https://www.nolo.com/legal-encyclopedia/can-my-student-loan-creditor-garnish-my-wages.html I checked and there is one change. It’s easier to discharge through bankruptcy (although not simple by any means) under the current administration although without congressional change it’s still an uphill battle there too. https://www.cnn.com/2022/11/17/politics/student-loan-debt-bankruptcy/index.html
And they’re not eligible for bankruptcy relief either
Correction: You can but it’s hard. It’s a little easier under this administration though
https://www.cnn.com/2022/11/17/politics/student-loan-debt-bankruptcy/index.html
As far as I know indentured servitude is illegal in this country already, I’m pretty sure that’s reason enough not to pay.
They are conscientious objectors in that sense and I’m cheering them on.
Except, if don’t pay they don’t even need to sue to get a default judgment and garnish your wages.
https://www.nolo.com/legal-encyclopedia/can-my-student-loan-creditor-garnish-my-wages.html
I checked and there is one change. It’s easier to discharge through bankruptcy (although not simple by any means) under the current administration although without congressional change it’s still an uphill battle there too.
https://www.cnn.com/2022/11/17/politics/student-loan-debt-bankruptcy/index.html