Downside To Not Paying Back Student Loans

Just learned that Federal Marshalls have made arrests in delinquent student loan cases.

According to Houston Channel 26:

Arrested over unpaid student loans!

Arrested over unpaid student loans!

Paul Aker says he was arrested at his home last week for a $1500 federal student loan he received in 1987. Seven deputy US Marshals showed up at his home with guns and took him to federal court where he had to sign a payment plan for the 29-year-old school loan.

The US Marshals in Houston says that  Aker isn’t the first and won’t be the last.
They have to serve anywhere from 1200 to 1500 warrants to people who have failed to pay their federal student loans.

Houston Channel 26 coverage.

With over 22% of young college Graduates unemployed or underemployed according to the Economic Policy Institute, It would be wise to determine if that student loan debt will help you get a job, or just be a burden for the rest of your life.

Investigate a career in precision machining and avoid the student debt… and its consequences.

This entry was posted in Debt and Underemployment, Info you can use, Manufacturing Careers and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s