Is this Fair?, Non payment of Loan = No Driving Lic

I don't see what difference it makes! From what I understand, the student loan industry could be considered the second most viscous and unreasonable collection agency on the entire planet. #1 is the IRS. and I don't believe EITHER expense can be negated via bankruptcy. If you ask me, if the problem is due to education, or lack of it, the "educator" should merely repay the funds. If the class was one forced on them, the industry, lobbyists, special class, or passers of the law should "pay their fair share", and revert anything they have done for it. If they caused advertising to be presented, they should pay for a full on advertising blitz every month for a year advertising all such reversions.

Steve

It's hard to define "fair". If the student getting the loan was made aware of these issues when they signed the contract, then I would probably consider it "fair".


However, even if it is fair, it's also probably stupid in most cases, as it takes away the main means for someone to pay back the loan.

In some states, you can lose your license for stealing gas or failing to pay child support.

To answer your question as to how such a law can be passed: very easily.

In Australia we have compulsory voting. If you don't turn up to vote you get fined, and if you don't pay you lose your driver's licence!


Andrew

I can't wait till I graduate and have to deal with student loans -_-

Buy a moped.

Thanks for your replies.

For once I am glad that I am a citizen of the UK.

No compulsion or enforcement to vote

I can still drive around in my Rolls Royce even if I do not payback my student loan LOL

Yukon, I assuming you sell high ticket items to students?

gabelumagui, get in touch with Yukon above

I agree that it is stupid to take away the means to get to and from work.

But, in the USA it is a privilege to drive, not a right. IMO, that privilege should
be taken away only when someone drives dangerously, or when drink or high.

George,

The State and Federal governments back a lot - maybe the majority or all - of the student loans.
If they don't directly back the loans, they indirectly do in the cases of the publically supported
institutions. In other words, they want their money back.

As far as I know they are not ever included in bankruptcy filings.

There are a lot of bad/outdated laws on the books. I have no idea how widely
enforced this particular law is upheld.

There is a company doing a lot of radio advertising about getting
you out of your student loans. From what little I know, I have to assume
it's a scam of sorts.

Dan

First off, transportation is a usurped right in the US. It was a right until they were able to crank around some rules so they could force us to license vehicles. Once they were able to get that done, they were able to install quite a few laws on top of private transportation. None are constitutionally legal - a few make sense and are good, a few are a money grabbing farc - but the whole system as set is fascist, not constitutional.

I work for the gov right now, contract. One of the guys was trying to get into a perm position in another branch and his background check turned up outstanding student loan - so he was denied the job. Now....think for a minute. What is the easiest way for a person to get out of debt? Maybe it's to be able to earn the money to pay it back?

We are entering a "debtor's prison" phase of fascism. Your credit history can keep you from jobs, outstanding loans to the right entity can result in your driver's license being denied. There will be other repercussions soon, too. The IRS actually has militia at their disposal now, one bank (if I remember rightly, BOA), was using militia to repo houses during the crash a few years back - even though it was proved that the debt was not being legally tended from their end, and the repo was illegal in the long run. You are seeing parents being stripped of licenses for back child support (another action which can cause further inability to pay). I've also heard of students jailed a few times for not paying student debt, but I don't know what happened in those cases. Legally they'd have to have been overturned, but we're moving beyond rule of law here and there, too.

It's a mess - it's going to be a mess. Our population can be swayed extremely easily to think that very aggressively fascist action is actually a good thing. They do not understand our money system, our legal system, or repercussions of taking down a right and calling it a "privilege". We're in sad shape, and it's going to get a few degrees hotter before people are being squeezed hard enough to start understanding what exactly is happening. Relax, grab popcorn, and 3D glasses. It's going to be an interesting show.

There's a bill going through right now (can't remember the # right now) that will stop fed grants - all of them. A lot are for people to go to college (pell grant). That will help free states from their dependence on fed gov, allow them to deal with their own state's money as they see fit instead of handing it over to the fed then getting back a cut of it. If that bill goes through, you'll see a major change in college financing, and probably an immediate change in the handling of student debt - including their necessity to get so far deeply into it.

Ivy league will never be any cheaper than it is relative to the general population because it's elitists training the next generation of elite. They actually teach econ in Ivy League that non Ivy profs don't always even know. They've always been able to do some very nifty screening and always will - money is the first filter you have to squeeze through to get in.