Yeah...student loans are next

college is a joke, I owe 13k in student loans and just got a default notice. they want me to pay it all back. Not one thing I learned in college has helped me in my career. Its mostly the networking that college offers that helps out.

I will set up some cheesy payment plan to pay back $50 a month and guess what, even if everyone with an outstanding balance decided to pay back their loans, the system would still collapse. Why? Because its not individual debt that is tanking the system. Its public debt. And its fake bank debt being financed by your tax dollars.

Stop looking at the 500k loans to immigrant wives as the source of the problem and start looking at 500 trillion in side bets (aka derivatives) backed by your governments currency as the source.

Some rich guy lost a stupid bet, now the system is collapsing. The propaganda tells you that someone who bought a home, or education, or car is to blame. This is patently retarded if you believe this. Its just another tool that the elite are using against the meek and humble.

Sure some people have taken advantage of the loop hole created. HOWEVER, the vast majority of people got sucked into the lie. Don't blame the broke people, they didn't steal your money LOL!!1

Some people are rich because they earned, but those will be the people fighting the hardest FOR YOUR CAUSE. Look at the revolution. Those founding fathers weren't the poor people of early America. So use discernment please when pointing your fingers.
 
oh yes they due garnish Your wages if You go into default because they sure as hell took 300 dollars a month out of mine for like 6 or 7 years .... The scum bags even asked me if I wanted to refinance when I only owed like a thousand dollars.

Then why are loan default's that big of a problem when they can force you to pay them back? This is probably a stupid question, but if they can garnish wages why are banks posting such big losses on loans?
 
Then why are loan default's that big of a problem when they can force you to pay them back? This is probably a stupid question, but if they can garnish wages why are banks posting such big losses on loans?

They can't take what you don't claim.
 
What do you mean by that? :confused:

I'm not sure what part of that statement is confusing you...
The federal government can't withhold money from you if they never knew you made it.
If you never have a dollar withheld by an employer, there is nothing for them to hold.
If you have your own business.... keep it to yourself.
 
Obama gonna buy me a brand new set a teeth.. jjjeah where do i sign up fo' this health plan?

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I'm not sure what part of that statement is confusing you...
The federal government can't withhold money from you if they never knew you made it.
If you never have a dollar withheld by an employer, there is nothing for them to hold.
If you have your own business.... keep it to yourself.

Ok that makes sense. But I assume the majority work for someone else and thus they can have their employer hold their money. Sorry, I'm new to all this.
 
Ok that makes sense. But I assume the majority work for someone else and thus they can have their employer hold their money. Sorry, I'm new to all this.

When you fill out the form that ask for how many dependants you claim, put 7.
:cool:
The withholding would be minimal.
 
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