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Spitfire of ATJ

(32,723 posts)
5. Wish they could do this on old student loans....
Thu Mar 7, 2013, 03:21 PM
Mar 2013

I know someone who went to a trade school in the 80s and they are still garnishing his wages.

He had them check after paying for decades and it turns out none of the money they have taken over the years has ever gone to pay off the original loan. It all went into interest, penalties and fees and the original amount owed is about one fourth of the current payoff balance.

Recommendations

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For all those who think Occupy is dead… Jackpine Radical Mar 2013 #1
Same here. Scuba Mar 2013 #4
Nice. Control-Z Mar 2013 #2
Du rec. Nt xchrom Mar 2013 #3
Wish they could do this on old student loans.... Spitfire of ATJ Mar 2013 #5
That, exactly, is how debt is slavery. I'm sorry for your friend and all caught in it and Fire Walk With Me Mar 2013 #12
Nice abelenkpe Mar 2013 #6
Rolling Jubilee is my FAVORITE Occupy activity. annabanana Mar 2013 #7
Yea, it is the best part.... WCGreen Mar 2013 #8
HUGE K & R !!! WillyT Mar 2013 #9
K&R! nt Mnemosyne Mar 2013 #10
Doing what the government should but won't do dreamnightwind Mar 2013 #11
Exactly, maybe the Government should start consulting with Occupy to find out sabrina 1 Mar 2013 #13
nice! nt Zorra Mar 2013 #14
k&r rhett o rick Mar 2013 #15
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