Student loan companies convince Florida to suspend the licenses of nearly 1,000 doctors and nurses, and then garnish 100% of the wages.

In these cases, it will be paid by the creditor.

This should apply to all college programs.
If you are unable to find a job in basket weaving, you get your degree taken away and pay nothing.

they are importing more thurd world immigrants now and giving them generous loans which they will never have to pay back so they can screw over the locals..

Yep, F.U.B.A.R.

Just for curiosity: What should happen to those loans where the student washes out of professional school or is otherwise unable to meet the requirements for a license?

What if the rules are changed in midstream?

If it's a government school and they change the rules, should the government loan be paid by the government? Both students and government are capable of fraud on the other.

In Canada, the one debt you can’t escape from when declaring bankruptcy is your student loan.

Lobbyists encouraged it.
The same ones that made bankruptcy illegal.

If you have no license then you owe nothing.
You cannot practice without that license.

It is like a consumer returning a product in capitalism.

This is a little different. There must be a way of proving your income to debt ratio.

However, these poor souls that don't have to the funds to pay their loans are getting shafted. Education system has moved away from the idea of helping and training us for the world, turned into a greed machine.

Breaks my heart.

The hilarious part about all this: We used to base our professional licenses on merit that the person has the knowledge to do the job and take responsibility for it. Back in the day, you didn't even need to be a college grade to get your professional license, you could be sponsored and pass the exam. Now that they can take away these licenses due to debt, saying bad things, or just because you're white just shows that these licenses are now meaningless to all and the responsibility now falls onto the debt collectors and the state.

Congratulations on making professional careers completely and utterly useless. I hope that you're on the next bridge that collapses or a die due to a useless third world doctor misdiagnosing you.

Wait there are doctors and nurses make big bucks and NOT paying their loans wtf. this new generation sucks

I like this idea. You should also be able to sue the school for wasting four years of your life.

Student loan forgiveness will never happen as long as the lobbyists dominate DC.

The finance sector would burn DC to the ground first.

Rice University in Texas and Stanford both have a tuition free option for kids whose parents earn under $130,000 per year.

It includes room and board too.

Everything paid for.

The trick is that you have to earn this spot and it is hard to get in.

Look there is absolutely no reason someone who is a nurse or doctor currently working in that field cannot pay their student loan. You can automatically forbear for almost 5 years--after 1 year deferral. In my case I had almost 20k in loans and exited due to illness and didnt return back. I deferred, then used forbearance for 5 years... refinanced through federal program-- forbeared for another 5 years. Went back to college and deferred while in. I literally took a semester off in between terms and overall went almost 18 years without paying a dime. Yes, it cost me about 5k in capitalized interest-- but I NEVER defaulted. Even now I have it set on a 25 year graduated payment plan. These people who arent paying are cheating the system or not practicing. Either way there is no excuse.

Worse, they will want you to sell your organs and body parts.

Like the insurance industry, they have been cut a blank check to take what tbey want.

They have no skin in the game.

Congress people’s children are exempt from the no bankruptcy policy on student loans. They are better than you and deserve much more than you do.

Probably true, but when you die, your loan is extinguished.

and they will bring in 'compliant' third worlder's to take your jobs by direct order of the NWO communists.

this post WAS VERY BUMP WORTHY AS WELL!...AND WE CANNOT DECLARE IT IN BANKRUPTCY AS WELL HERE IN THE U.S.....IT IS
ETERNAL PERMANENT HERPES!......THE DEBTORS PRISONS WILL FILL UP TOO...BEST TO STAY LOW...UNTIL THE LAWS ARE FIXED AND PROPER!!!!!

The NWO commies want us all to live like Jabune in India.

I would prefer that the person providing my medical care was the person with the most aptitude and ability to do the job, not the person who had the financial opportunity to study medicine ahead of potentially highly talented physicians who for whatever reason could not afford university fees.

I believe that entry into university should be limited, to meet predicted demand for the profession, and available on merit, not ability to pay.

Eh, yeah. I'll be about $150,000 in debt when I graduate. I don't really understand not making payments. My husband and I have been living on $3,000 a year in California for the past ten years. It sucks, but I know how to live rough. I anticipating paying those damn loans back in about 5 years.

But if I run into the situation where I'm not making $$, they do have payment plans contingent on income. I'm on one right now during my school break. It's $0 a month. So I don't understand lack of communication and payment with student loan administrators.

Fucking $150,000 for a doctorate though. Dayum. Been pricey.

Yes, yes they do.

The irony is that kids of illegal invaders get to earn the degree for free in states like California,Illinois and New York while you dumbass graduates spend $200k-$300k on a degree that you will never be able to pay your loan off in your lifetime.

Yup, thx AC.

[link to en.wikipedia.org (secure)]

A debtors' prison is a prison for people who are unable to pay debt. Through the mid 19th century, debtors' prisons (usually similar in form to locked workhouses) were a common way to deal with unpaid debt in places like Western Europe.[1] Destitute persons who were unable to pay a court-ordered judgment would be incarcerated in these prisons until they had worked off their debt via labor or secured outside funds to pay the balance. The product of their labor went towards both the costs of their incarceration and their accrued debt. Increasing access and lenience throughout the history of bankruptcy law have made prison terms for unaggravated indigence illegal over most of the world.

Since the late 20th century, the term debtors' prison has also sometimes been applied by critics to criminal justice systems in which a court can sentence someone to prison over willfully unpaid criminal fees, usually following the order of a judge.[2] For example, in some jurisdictions within the United States, people can be held in contempt of court and jailed after willful non-payment of child support, garnishments, confiscations, fines, or back taxes. Additionally, though properly served civil duties over private debts in nations such as the United States will merely result in a default judgment being rendered in absentia if the defendant willfully declines to appear by law,[3] a substantial number of indigent debtors are legally incarcerated for the crime of failing to appear at civil debt proceedings as ordered by a judge. In this case, the crime is not indigence, but disobeying the judge's order to appear before the court.[4][5][6][7][8] Critics argue that the "willful" terminology is subject to individual mens rea determination by a judge, rather than statute, and that since this presents the potential for judges to incarcerate legitimately indigent individuals, it amounts to a de facto "debtors' prison" system.

exactly... see the scheme... this has NOTHING to do with economics or doing what is right... it is all about our extermination.