As somebody defrauded in his youth by a get rich quick scam of a tech school, one working hand in glove with the government run (((Sallie Mae))) (now Navient) to the tune of a (((private loan))) for almost $30,000, it’s been an albatross around my neck.
The school shuttered its doors within a year of my completion of the program, the promised “career” never materialized, and then a class action suit found the school to be financially liable, just as they dissolved, declared bankruptcy, and disappeared with millions in tuition.
Twice the debt has been put up for bankruptcy, twice denied, thanks to rules helped put in place by Biden. I was willing to take my lumps and the hit to my credit score. No dice.
The school has never paid a dime of their obligations.
After several years and over $20,000 I paid in good faith, I quit paying it.
I never will again.
One day, they might release their chokehold on my credit score.
And all this $10,000 forgiveness shit will only increase my tax burden, and not restore me after I was defrauded.
Thanks, Biden.
I paid most of mine (was 3 decades ago), they sold the loan and ripped off a couple payments. I just quit paying it and when Bill Clinton was elected , he signed an executive order that allowed the IRS to snatch any refund you might get and put it toward your debt. I had just become a father at the time and was looking forward to a refund that never came. It settled the score. In other words, know that they can go after your tax refund without due process.
I know. I always plan for my refunds to be near zero.
Also, I spoke to an attorney. It hasn’t been long enough since my last payment, but once I cross that threshold, I’m having it discharged.
Is the money even going for private student loans or just federal? Lol
I believe it’s just federal, hence my conclusion. I have to pay higher taxes for those niggers who had federal loans, while my private loans based on fraud continue to haunt me.
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