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Obama Should Start Up Debtors Prisons For People That Take Out Student Loans & Dont Repay

 
Anonymous Coward
User ID: 46189676
Canada
09/05/2013 03:25 PM
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Obama Should Start Up Debtors Prisons For People That Take Out Student Loans & Dont Repay
I know a guy that graduated University with a debt load of $142,000. He is now collecting welfare and has no intention of paying off his student loan. People like that piss me right off. Grrrr. grumpy2
Anonymous Coward
User ID: 31496863
Canada
09/05/2013 03:32 PM
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Re: Obama Should Start Up Debtors Prisons For People That Take Out Student Loans & Dont Repay
but bailing out billion dollar companies doesnt bother you at all you work for a bank or something
Anonymous Coward
User ID: 45485322
United States
09/05/2013 03:33 PM
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Re: Obama Should Start Up Debtors Prisons For People That Take Out Student Loans & Dont Repay
Well, truth be told, there are a lot of students who take out loans expecting to find good jobs and then they graduate and cannot even find a job paying enough to live off from. How are they to pay back their loans? Kids have been sold a bill of sale - and they are really just kids who have no real knowledge of finances. Parents have little knowledge themselves or they wouldn't also be in hock up to their necks. Buy now and pay later...

Well, your acquaintance sucks. But, that's not the majority. I think most do want to do the right thing. We pushed our kids to field which they would enjoy and also make a good living. One just graduated from college in May (engineering) and got a great job working for a military contractor. The other is working on a PhD in engineering.

There are majors to explore and then there are majors which aren't worth the paper and ink they are written upon. Then, there are decent people who need the money and shysters like your friend. You can't lump everyone together.

Besides, prison really should be for those who are a danger to society and not deadbeats. It costs less to pay welfare than house them in prison.
Anonymous Coward
User ID: 31496863
Canada
09/05/2013 03:45 PM
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Re: Obama Should Start Up Debtors Prisons For People That Take Out Student Loans & Dont Repay
Well, truth be told, there are a lot of students who take out loans expecting to find good jobs and then they graduate and cannot even find a job paying enough to live off from. How are they to pay back their loans? Kids have been sold a bill of sale - and they are really just kids who have no real knowledge of finances. Parents have little knowledge themselves or they wouldn't also be in hock up to their necks. Buy now and pay later...

Well, your acquaintance sucks. But, that's not the majority. I think most do want to do the right thing. We pushed our kids to field which they would enjoy and also make a good living. One just graduated from college in May (engineering) and got a great job working for a military contractor. The other is working on a PhD in engineering.

There are majors to explore and then there are majors which aren't worth the paper and ink they are written upon. Then, there are decent people who need the money and shysters like your friend. You can't lump everyone together.

Besides, prison really should be for those who are a danger to society and not deadbeats. It costs less to pay welfare than house them in prison.
 Quoting: Anonymous Coward 45485322

prisin should be for the billionaires who take all the profits and put the debts on us
Mickeyblue
User ID: 9806228
United States
09/05/2013 03:52 PM
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Re: Obama Should Start Up Debtors Prisons For People That Take Out Student Loans & Dont Repay
News flash.............you cannot even bankrupt yourself out of owing that debt, he will have to pay it off. His social security, even, will be garnished for what is due.
Anonymous Coward
User ID: 46229155
United Kingdom
09/05/2013 04:09 PM
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Re: Obama Should Start Up Debtors Prisons For People That Take Out Student Loans & Dont Repay
I know a guy that graduated University with a debt load of $142,000. He is now collecting welfare and has no intention of paying off his student loan. People like that piss me right off. Grrrr. grumpy2
 Quoting: Anonymous Coward 46189676


Single minded retarded sheep! There are so many factors you are not considering (because it suits your 'Agenda')... Go and get 30 McNuggets and have a quiet one tonight.
Anonymous Coward
User ID: 27211755
United States
09/05/2013 04:12 PM
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Re: Obama Should Start Up Debtors Prisons For People That Take Out Student Loans & Dont Repay
Well, truth be told, there are a lot of students who take out loans expecting to find good jobs and then they graduate and cannot even find a job paying enough to live off from. How are they to pay back their loans? Kids have been sold a bill of sale - and they are really just kids who have no real knowledge of finances. Parents have little knowledge themselves or they wouldn't also be in hock up to their necks. Buy now and pay later...

Well, your acquaintance sucks. But, that's not the majority. I think most do want to do the right thing. We pushed our kids to field which they would enjoy and also make a good living. One just graduated from college in May (engineering) and got a great job working for a military contractor. The other is working on a PhD in engineering.

There are majors to explore and then there are majors which aren't worth the paper and ink they are written upon. Then, there are decent people who need the money and shysters like your friend. You can't lump everyone together.

Besides, prison really should be for those who are a danger to society and not deadbeats. It costs less to pay welfare than house them in prison.
 Quoting: Anonymous Coward 45485322


Your shitbird son is just as much of a parasite as the moocher friend of OP.
Somebody...
User ID: 1189609
United States
09/05/2013 04:30 PM
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Re: Obama Should Start Up Debtors Prisons For People That Take Out Student Loans & Dont Repay
Well, if they start a debtor's prison, the masses may wake up and realize the fraud that college is.

I am more upest that college is set up to lead the masses into forced debt, or the selling off of their future labor that enslaves them to corporate America. This is all by design, sir.

I think folk should know what their final tally is potentially going to be, before they sign on the dotted line. Most college kids have no clue what they're signing, nor do they have a feel for the future job market they are embarking on. School loans are a bad business decision right off the bat. We've been so prejudiced against good vocations that pay better than most jobs provided for the so called collge graduate, we push our noses in the air regarding those opportunities. We've been told that it's more prestigious to go the college route. What a crock!!!!

I say go to school because it is your desire, not because it is the prerequisite to getting some job, or entering into some career.

College is nothing more than workforce traing looking to press out souless 'yes men', who sold of their future labor. They (the corporations ) want those who need a job, rather the ones who want a job.

A debtor's prison is not the solution...

If that was the case...there would be a whole lot of medical doctors, as they are biggest school loan defaulters.