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RE: Why I'm AGAINST Getting A College Education!

in #life7 years ago

You only touched on student loans.

Guaranteed student loans are the only unsecured debt NOT dischargeable in bankruptcy.

The number of Guaranteed Student Loans in the US in default is reaching an alarming rate and they will not go away.

In 2016 a Texas man was arrested at his home by US Marshals for a 29 year old $1,500 student loan.
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That is terrifying!! I wonder what will happen with those. I'll be really annoyed if it comes out of the pocket of the tax payers in the end. Which I think it will.

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