JTF.ORG Forum
General Category => General Discussion => Topic started by: KansasJew on June 08, 2011, 12:54:21 PM
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US DEPT of Ed is now enacting arrest powers. Read story at the national examiner.
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Defaulting on student loan is now a criminal act.
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http://m.examiner.com/examiner/pm_60959/contentdetail.htm?contentguid=yt2W4ekA
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I have no problem with this. You don't borrow what you can't pay back
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I have no problem with this. You don't borrow what you can't pay back
Better pay all your loans then and make sure that the banks records are up to date, because if some idiot makes a mistake then you can expect a SWAT team at your house!!! http://michellemalkin.com/2011/06/08/dept-of-education/ (http://michellemalkin.com/2011/06/08/dept-of-education/)
You know it will cost more for the TAXPAYERS to arrest and jail someone then for the Banks to do their job and only give loans to responsible people!
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You don't see anything at all scary about this? How many other debts can you get arrested for? Is this 2011 or 1711?
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so let me get this straight,
You get student loans
There are no jobs because the US economy is falling
Course of action
The US takes educated student and puts them in jail
The US the people in this dump economy pay
Student comes out as an ex con, good luck using that masters phd or MD ( I know many real DRs having problems as well as other graduate degrees)
School still does not get paid
The government gets in even more debt
Got it ,
Smart
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discouraging getting an education
very very smart idea
chai said it better
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I think this story is being misrepresented in the media. From what I understand the person who was visited by a SWAT team was under investigation for FRAUD and it had nothing to do with Student Loans....
http://www.foxnews.com/us/2011/06/09/unpaid-student-loan-raid-claim-refuted-as-feds-target-california-couple-in/
'Unpaid Student Loan' Raid Claim Refuted as Feds Target California Couple in Fraud Probe
A California man who initially claimed to a local television station that he was roughed up by "SWAT team" members who allegedly battered down his front door to execute a search warrant related to his estranged wife's unpaid student loans was targeted due to an ongoing probe into alleged financial aid fraud.
Local law enforcement officials have thus far not commented on the Stockton man's claim to ABC News 10/KXTV that he was grabbed by the neck and placed in handcuffs in back of a patrol car for six hours as his three children looked on during execution of the search warrant on Tuesday.
Public information officers for the Stockton Police Department and the San Joaquin County Sheriff's Office did not return multiple messages seeking comment in connection to reports of the raid at a Jonathen Street residence occupied by Kenneth Wright, his estranged wife and three children.
In a statement to FoxNews.com, Education Department Press Secretary Justin Hamilton confirmed that its Office of Inspector General executed the warrant with the presence of local law enforcement authorities.
"While it was reported in local media that the search was related to a defaulted student loan, that is incorrect," the statement read. "This is related to a criminal investigation. The Inspector General's Office does not execute search warrants for late loan payments."
Hamilton declined to comment on the specifics of the case, citing an ongoing investigation.
"We can say that the OIG's office conducts about 30-35 search warrants a year on issues such as bribery, fraud, and embezzlement of federal student aid funds," the statement continued.
Hamilton referred all further inquiries to DOE's Office of Inspector General. Catherine Grant, OIG's spokeswoman, declined to provide a copy of the warrant served on Tuesday.
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