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marmar

(77,080 posts)
Mon Jan 21, 2013, 06:18 PM Jan 2013

Law School Grad Robs Bank Because He Has Giant Debt and Can't Afford Diabetes Medicine -- Says He'll

http://www.alternet.org/news-amp-politics/law-school-grad-robs-bank-because-he-has-giant-debt-and-cant-afford-diabetes


Lawyers, Guns and Money / By Paul Campos

Law School Grad Robs Bank Because He Has Giant Debt and Can't Afford Diabetes Medicine -- Says He'll Do it Again
Can you imagine graduating from a fairly high-ranked law school only to find yourself a few years later working as a janitor with a $250,000 debt?

January 21, 2013 |


Guns don’t cause crime, student loans do:

A man who wore a three-dimensional Bucky Badger hat when he allegedly robbed an East Side credit union last week told police that he wants to go to prison and needed the money because he has $250,000 in student debt.

Randall H. Hubatch, 49, of Madison, was charged Friday with armed robbery for the Jan. 11 robbery of the Summit Credit Union, 1799 Thierer Road. What stood out about the robbery was Hubatch’s choice of apparel, which included the Bucky Badger hat.

“If the district attorney agrees to send me to prison for a long time, then I will confess and plead guilty,” Hubatch told Madison police Detective Tom Helgren after his arrest on Monday, according to a criminal complaint. “Otherwise, I have nothing else to say, and if released I will do it again.” ......................(more)

The complete piece is at: http://www.alternet.org/news-amp-politics/law-school-grad-robs-bank-because-he-has-giant-debt-and-cant-afford-diabetes



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elehhhhna

(32,076 posts)
4. and he can file BR on the loans,
Mon Jan 21, 2013, 06:35 PM
Jan 2013

which, i recently read, ARE dischargeable in BK if there are extenuating circumstances...like 40% who've applied get the loan wiped out.

 
8. A lot of people are losing everything they have. Most folks are living pay check to
Mon Jan 21, 2013, 08:18 PM
Jan 2013

pay check. The economy seems to be the elephant in the room when it should be first order of business.

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