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Omaha Steve

(99,564 posts)
Tue Sep 15, 2015, 02:38 PM Sep 2015

Don’t Garnish Social Security to Pay Student Loan Debt! (E action)




Sign at link.

http://www.signherenow.org/dont-garnish-social-security/ssw/

Americans used to be able to get a college degree without going into debt. But politicians dismantled that debt-free college system, and the burden is now so heavy that student loan debt follows people to their graves.

Today, over 700,000 people relying on Social Security are still paying their student loans. Over 160,000 Social Security beneficiaries have their monthly checks garnished to pay off federal student loans.

Until 1996 it was against the law to garnish Social Security benefits to pay debts, but that protection was stripped for debts owed to the federal government.

But we can fix this. It doesn’t even require an act of Congress. The Department of Education can declare a moratorium on garnishing Social Security benefits for student debt. We can make this happen -- and bring relief to the many Social Security recipients still struggling to repay their student loans.

Sponsored by:

Social Security Works
AFL-CIO
AFT
AFSCME
Alliance for Retired Americans
Campaign for America's Future
Center for Global Policy Solutions
Common Cause
Courage Campaign
CREDO
Daily Kos
Democracy for America
Demos
Justice in Aging
People For the American Way
Project Springboard
RootsAction
Student Debt Crisis
The Nation
The Other 98%
The Zero Hour
11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Don’t Garnish Social Security to Pay Student Loan Debt! (E action) (Original Post) Omaha Steve Sep 2015 OP
Signed! Faux pas Sep 2015 #1
Aren't senior the ones that went to college very cheap? yeoman6987 Sep 2015 #5
Some probably got caught up in "retraining" Thav Sep 2015 #6
Well even if that is the case, yeoman6987 Sep 2015 #7
Not everyone on SS is old dsc Sep 2015 #8
Very good point! yeoman6987 Sep 2015 #9
I almost signed it Quackers Sep 2015 #2
You don't have an e address for these situation Omaha Steve Sep 2015 #4
Why are student loans being repaid with SS benefits? lumberjack_jeff Sep 2015 #3
Typically they're old loans. Igel Sep 2015 #11
Signed and Kicked! smirkymonkey Sep 2015 #10
 

yeoman6987

(14,449 posts)
5. Aren't senior the ones that went to college very cheap?
Tue Sep 15, 2015, 03:40 PM
Sep 2015

My grandmother paid 15 dollars a semester and 3 dollars for books. I can't imagine that she would y have paid this off by now. I'll have to ask her. Something is strange with this article. And we want to go back to this?

Thav

(946 posts)
6. Some probably got caught up in "retraining"
Tue Sep 15, 2015, 04:19 PM
Sep 2015

They had to go back to school to "retrain" for new careers that didn't pan out or last very long. So they're out of work and in lots of debt.

 

yeoman6987

(14,449 posts)
7. Well even if that is the case,
Tue Sep 15, 2015, 04:49 PM
Sep 2015

The new program whatever it ends up will not pay for more then one degree per level I am sure of that. The rules and regulations for free college will be strict I am positive of that. So many may be in this position anyway.

Quackers

(2,256 posts)
2. I almost signed it
Tue Sep 15, 2015, 02:56 PM
Sep 2015

I believe it is what should happen, but I'm not sure about them giving my info to all of these groups. It makes me wonder if they're piggy-backing on a good cause just to drum up some contact info to market. Am I wrong?

Note: This petition is sponsored by AFL-CIO, AFT, AFSCME, Alliance for Retired Americans, Campaign for America's Future, Center for Global Policy Solutions, Common Cause, Courage Campaign, CREDO, Daily Kos, Democracy for America, Demos, Justice in Aging, People For the American Way, Project Springboard, RootsAction, Social Security Works, Student Debt Crisis, The Nation, The Other 98%, and The Zero Hour. By signing, you may receive emails from one or more of these sponsors updating you on the progress of this campaign and other important projects. (You may, of course, unsubscribe at any time.)

Omaha Steve

(99,564 posts)
4. You don't have an e address for these situation
Tue Sep 15, 2015, 03:10 PM
Sep 2015

G mail, hotmail, second address from your net provider etc?

A valid point though.
 

lumberjack_jeff

(33,224 posts)
3. Why are student loans being repaid with SS benefits?
Tue Sep 15, 2015, 03:06 PM
Sep 2015

Student loans are justified on the basis that they increase earning potential such that repaying the loan plus interest is economically rational and viable.

A student loan being repaid with SS benefits is a loan that should have been denied. The loan was sold on a bullshit premise to exploit a student's insecurity.

A home mortgage has three main advantages;
a) it is dischargable via bankruptcy
b) it is secured by something tangible
c) it is accompanied by due diligence from the lender (i.e. an appraisal)

Igel

(35,293 posts)
11. Typically they're old loans.
Tue Sep 15, 2015, 10:10 PM
Sep 2015

In default until SS monies are available.

To not garnish would be in violation of the law. Then again, not enforcing laws that are deemed undesirable used to be a bad thing; now it's a moral imperative. It gives the executive the power of the legislative. Instead of it being a unitary executive, meaning a single source of all executive power, it's sort of a super-unitary executive, uniting the powers of the executive (the Constitution invests the president with all executive power) with much of the legislative and judiciary.

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