Re: [Marxism] Docking SS checks for unapid student loans

[Jennifer Martin-Romme <jesse75101@xxxxxxxxx>]

Ironically, this will give the younger generation even less incentive to pay 
back student loans.  Since we're fairly sure we'll never receive Social 
Security anyway, this isn't much of a disincentive for ceasing to pay when the 
loans get sold to companies that double the monthly payment.

Jennifer


>>
Supreme Court Allows Government to Dock Social
Security Checks to Repay Old
Student Loans

By STEPHEN BURD

Washington

The U.S. Supreme Court ruled unanimously on Wednesday
that the federal
government can deduct money from Social Security
checks to cover
long-overdue student-loan debts.


                
---------------------------------
Yahoo! Photos
 Ring in the New Year with Photo Calendars. Add photos, events, holidays, 
whatever.
________________________________________________
YOU MUST clip all extraneous text before replying to a message.
Send list submissions to: Marxism@xxxxxxxxxxxxxxxxxxx
Set your options at: http://lists.econ.utah.edu/mailman/listinfo/marxism