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Obama Administration Looking For Payback On Late Student Loans

October 7, 2012

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English: Day 3 of the protest Occupy Wall Stre...

English: Day 3 of the protest Occupy Wall Street in Manhattan’s Zuccotti Park. (Photo credit: Wikipedia)

We find this hard to believe right before the election. How can this happen?

Beware, metro Detroit: The feds are out — and looking for payback on late student loans
October 7, 2012
By David Jesse Detroit Free Press Staff

Dave Blume stopped paying on his college student loan six months ago. Now, the 29-year-old Detroiter doesn’t like to answer his phone, answer the door, or even open his mail.

“They are going to catch up with me at some point,” he said. “I just hope to make some money to start paying it off before that happens.”

He has reason to worry.

• Database Find student loan default rates for Michigan schools and who’s being hit with lawsuits

If you live in eastern Michigan and owe the federal government money from a student loan, your chances of being hauled into federal court are greater than anywhere else in the country, except the Los Angeles area.

Read more at The Detoit Free Press.

Isn’t this the same people the president wants a vote from? You would think President Obama would forgive all these loans.

 

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About Paul Socha

Owner and Editor of Wis. U. P. North

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