As I understand things from my own reading, Student Loans typically can’t be discharged with bankruptcy, and they start garnishing your wages eventually if you don’t pay voluntarily.
Short of keeping all your money in cash and living off the grid in a hovel not worth the trouble for the bank to foreclose on, I think I’m pretty much fucked.
You can’t “not pay”, but a million people can “not pay”. You all need to get organised. These student loans are ridiculous, debilitating, crippling maybe even killing.
I wonder how that plays out though. What’s the punishment for non-payment?
As I understand things from my own reading, Student Loans typically can’t be discharged with bankruptcy, and they start garnishing your wages eventually if you don’t pay voluntarily.
Short of keeping all your money in cash and living off the grid in a hovel not worth the trouble for the bank to foreclose on, I think I’m pretty much fucked.
You can’t “not pay”, but a million people can “not pay”. You all need to get organised. These student loans are ridiculous, debilitating, crippling maybe even killing.