what happens if people just don't pay their student loans at this point? Is there some sort of collection/enforcement arm? Does the federal government start garnishing your paychecks?
news
Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.
Rules:
-- PLEASE KEEP POST TITLES INFORMATIVE --
-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --
-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --
-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today/ . Twitter screenshots still need to be sourced or they will be removed --
-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--
-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--
-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --
-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --
You legally can't default and they'll start garnishing your paycheck while tanking your credit
thanks biden!
most progressive president since FDR!
he did everything he could do forgiveness!...
I did know about Biden's contribution to making it inescapable, just had never confronted the "what if no one pays" portion
Flee the country moment
jail/garnish/credit score
garnish
I learned the unhappy meaning of that word from Fletch (1985).
Ninja edit. Google/Youtube are no fun at all.
Yes, there was a moratorium on the enforcement that was paused until recently
Really hoping the debt collective has plans for this
Quick! Let's do all the horrible shit we can as soon as we can so people forget by the midterms!
Something tells me the people forced to pay several hundred dollars per month for... the rest of their lives... won't be forgetting this one anytime soon
Unfortunately there is no alternative for them, so, you know... just everyday life in the sundowning empire