Debtor's Prison USA

#1
Rasputin_Vol

Rasputin_Vol

"Slava Ukraina"
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#1
“Your Money or your License!” New laws revoke licenses over student default | SHAREverything.com

While Americans are busy entertaining themselves and hating each other, bankers and their stooges in government are busting out all the legal screws needed to make sure that their casino capital ponzi scheme elicits perfect results against an increasingly “educated” population.

They want 100% efficiency and they’re not afraid to do what’s necessary to force you to “pay them back,” for the money they created from thin air, the moment you signed your life away, so you can “learn more to earn more,” through their government subsidized student loan racket.

In October, 42 nurses’ licenses were suspended for failure to repay their federal student loans, including three in Chattanooga, according to the Tennessee Department of Health’s monthly disciplinary action report.
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#4
#4
While I completely agree that college costs are absolutely ridiculous. Debt is debt. And if you agreed to pay the loan and are refusing/can't then maybe you shouldn't have borrowed the money to begin with. Now I don't agree with taking the license to which they earn the money. But maybe garnishment of wages would be smarter.
 
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#8
#8
MyBloodRunnethOrange said:
Why not just garnish their wages to collect what you're owed. This idea is moronic.
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Well I am not sure if its moronic or not. It isnt that these people didnt pay of the loan, its just that they stopped paying on them or never paid on them in the first place.

Its no different then having your car repossessed or house foreclosed on.

The nurses should lose their licenses. How can I trust a nurse to do her job when she can't pay her damn bills?
 
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#9
#9
I love our victimization culture where one looks to blame everyone but themselves for their woes.

And college debt? S.T.F.U. Maybe, JUST maybe you should plan ahead before spending 100K on a worthless liberal arts degree.

Pro Tip: If your degree gets you a median salary less than what it costs to get the degree, don't get the degree.
 
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#10
#10
FLVOL_79 said:
I love our victimization culture where one looks to blame everyone but themselves for their woes.

And college debt? S.T.F.U. Maybe, JUST maybe you should plan ahead before spending 100K on a worthless liberal arts degree.

Pro Tip: If your degree gets you a median salary less than what it costs to get the degree, don't get the degree.
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Thank you.
 
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#11
#11
I couldn't imagine Ras linking some hack article to promote his agenda without giving a little more information. Below is a bit more information that sheds a little more light on these pitiful nurses that had their licenses revoked so unjustly.

"The suspensions were the culmination of 18 months' worth of efforts to notify and to work on repayment plans with hundreds of professionals licensed under the Tennessee Department of Health and Department of Commerce and Insurance, said Peter Abernathy, staff attorney for the Tennessee Student Assistance Corp., which provides financial assistance for post-secondary education for Tennessee residents. Some of them had been in default on their loans for years, he said".

"Twenty of the Registered Nurse and Licensed Practical Nurse licenses have since been reinstated after the nurses joined a repayment plan, according to the Tennessee Department of Health."
 
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#12
#12
FLVOL_79 said:
I love our victimization culture where one looks to blame everyone but themselves for their woes.

And college debt? S.T.F.U. Maybe, JUST maybe you should plan ahead before spending 100K on a worthless liberal arts degree.

Pro Tip: If your degree gets you a median salary less than what it costs to get the degree, don't get the degree.
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I blame the parents as wel for allowing their kids to get worthless degrees
 
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#14
#14
jp1 said:
I couldn't imagine Ras linking some hack article to promote his agenda without giving a little more information. Below is a bit more information that sheds a little more light on these pitiful nurses that had their licenses revoked so unjustly.

"The suspensions were the culmination of 18 months' worth of efforts to notify and to work on repayment plans with hundreds of professionals licensed under the Tennessee Department of Health and Department of Commerce and Insurance, said Peter Abernathy, staff attorney for the Tennessee Student Assistance Corp., which provides financial assistance for post-secondary education for Tennessee residents. Some of them had been in default on their loans for years, he said".

"Twenty of the Registered Nurse and Licensed Practical Nurse licenses have since been reinstated after the nurses joined a repayment plan, according to the Tennessee Department of Health."
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I would have given him a like if he had just said "stupid b!tches". :eek:lol:
 
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#15
#15
FLVOL_79 said:
Well I am not sure if its moronic or not. It isnt that these people didnt pay of the loan, its just that they stopped paying on them or never paid on them in the first place.

Its no different then having your car repossessed or house foreclosed on.

The nurses should lose their licenses. How can I trust a nurse to do her job when she can't pay her damn bills?
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Do you ask for the credit reports of the lawyers you hire, or doctor, or airplane pilot? No you don't. Lots of people **** up their own finances.
 
#17
#17
volfanhill said:
Do you ask for the credit reports of the lawyers you hire, or doctor, or airplane pilot? No you don't. Lots of people **** up their own finances.
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:lolabove: You do realize that some if not most of the above have to report their finances for employment and often times yearly. Example..you can't have a pharmacist that is drowning in debt because it increases the chance that they could be willing to steal and sell prescription drugs.
 
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#18
#18
FLVOL_79 said:
:lolabove: You do realize that some if not most of the above have to report their finances for employment and often times yearly. Example..you can't have a pharmacist that is drowning in debt because it increases the chance that they could be willing to steal and sell prescription drugs.
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My dad was bankrupt and a senior partner at one of the largest law firms in Atlanta....so yea
 
#19
#19
Biopsyman said:
I blame the parents as wel for allowing their kids to get worthless degrees
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but if they're 18+, they are a legal adult and "should" be making their own decisions... not really the parent's decisions

I'm not a fan of parents controlling their kids' lives. Granted, it changes a bit if the parent is helping pay for the education
 
#20
#20
DocVOLiday said:
but if they're 18+, they are a legal adult and "should" be making their own decisions... not really the parent's decisions

I'm not a fan of parents controlling their kids' lives. Granted, it changes a bit if the parent is helping pay for the education
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I am not a fan of them moving back in when they can't get a real job
 
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#22
#22
FLVOL_79 said:
I love our victimization culture where one looks to blame everyone but themselves for their woes.

And college debt? S.T.F.U. Maybe, JUST maybe you should plan ahead before spending 100K on a worthless liberal arts degree.

Pro Tip: If your degree gets you a median salary less than what it costs to get the degree, don't get the degree.
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Most 18 year olds are not given the best of advice. They are told by their parents, guidance counselors and most other people in authority and in the media to go to college at all costs. Nothing is more important than a college education. Those young impressionable minds hear that and run with that knowledge thinking they are doing the right thing.

Forgive me if I have slightly more pity and understanding of an 18-21 year olds blunder in decision making than I do a person in their mid-40's who has their Escalade repossessed are are thrown out of their McMansion in Farragut.

Or for that matter, politicians in a country that burden the taxpayers with trillions in debt that their grandchildren wouldn't even be able to pay off.

But debt is debt...
 
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#23
#23
FLVOL_79 said:
:lolabove: You do realize that some if not most of the above have to report their finances for employment and often times yearly. Example..you can't have a pharmacist that is drowning in debt because it increases the chance that they could be willing to steal and sell prescription drugs.
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What would a police officer in debt do?

What would a politician with debt do?
 
#25
#25
DocVOLiday said:
but if they're 18+, they are a legal adult and "should" be making their own decisions... not really the parent's decisions

I'm not a fan of parents controlling their kids' lives. Granted, it changes a bit if the parent is helping pay for the education
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How many people at 18-21 years old are making good decions or are aware of how the decisions they make today will affect them tomorrow?

I understand that they are "legally" adults, but they are young adults that haven't been able to be battle tested in the real world yet. Add that to the fact that most of them may have been given bad advice that is ubiquitous in most of the institutions that affect them and I find it hard to come down hard on an 18 year old that thought getting $50k in loans was a good idea for their future vs the guy or gal that tries to keep up with the Joneses just to maintain an image and get wiped out in debt. The 18 year old at least had noble good intentions with accruing that debt.
 
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