• doggle@lemmy.world
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    1 year ago

    Bad move; the house is collateral. The bank can’t foreclose on an education, they definitely can take the house.

    • Elw@lemmy.sdf.org
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      1 year ago

      Nope, but they sure can garnish wages, claiming they’re entitled to it since they paid for the education that lead to the job

        • CADmonkey@lemmy.world
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          1 year ago

          And it starts to be a strain when enough people refuse to pay. If it takes multiple court cases, amd there are a few thousand in a court’s district, it’s going to get where you can’t do anything else because of all the student loan repayment cases.