Posted on 03/19/2017 5:41:12 AM PDT by bobsunshine
Just days after reports emerged that student loan defaults are soaring, which is undoubtedly due to some combination of, among other things, poor job prospects for the millions of snowflakes who graduate each year with their $200,000 educations in anthropology and the moral hazard created by liberal politicians constantly calling for student debts to be 'forgiven' (a.k.a. forcefully jammed down the throats of taxpayers), the Trump administration has revoked rules put in place by Obama that barred student debt collectors from charging penalty fees on past-due loans.
Originating from the Department of Justice, the "Dear Colleague" letter (full letter included at end of post) says that Obama's unilateral rules implemented in 2015 could have "benefited from public input"...but what good is being King if you can't unilaterally force new laws on the masses?
(Excerpt) Read more at zerohedge.com ...
Yes, you are.
He likes raining on people’s parades
Undoubtedly that’s true...but many can’t pay because as soon as they are released and before they can try to find a job, the cops re-arrest them for not paying (while they were in prison for not paying the first time). For some men it may be a racket...they get so prison habituated...as soon as they get out, they go to the cops and say...arrest me again, I haven’t paid my child support. So they end up in prison again. Now how is that helpful to families he need child support?
they go to jail, not prison and it is a contempt thing. As soon as the court has their attention they get out so they can work.
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