“Give Us Your Money or Your License!” New laws revoke licenses over student default

wakeupfromyourslumber.com...

While Americans are busy entertaining themselves and hating each other, bankers and their stooges in government are busting out all the legal screws needed to make sure that their casino capital ponzi scheme elicits perfect results against an increasingly “educated” population.

They want 100% efficiency and they’re not afraid to do what’s necessary to force you to “pay them back,” for the money they created from thin air, the moment you signed your life away, so you can “learn more to earn more,” through their government subsidized student loan racket.

In October, 42 nurses’ licenses were suspended for failure to repay their federal student loans, including three in Chattanooga, according to the Tennessee Department of Health’s monthly disciplinary action report.

That’s not all. In at least two states (Montana and Iowa) the government will revoke your license to drive indefinitely until student loan associations notify them of your compliance. [read more] shareverything.com...

Sure, I'll just walk to work, no problem.

"Whether it was whipping up mass fear in the US about the bogeyman of communism or selling the ‘American Dream’ of happiness through consuming goods, Bernays and the advertising industry, which took its cue from him, were able to marry misery and happiness together – if you do not buy into consumer capitalism, the alternative will be misery; if you do not buy this or that product, life will be terrible; if you do not join in the celebration of capitalism, those awful Soviets will take over and impose a fundamentally unhappy system of equality on each and every one of us." wakeupfromyourslumber.com...-53273

Add to this list, if you want to be happy you must
pay for a "higher education" so you can earn more.

Never mind the fact you will be hard pressed to
get a job as promised, and an even harder time
paying off the student loan.

Shut up and ride the bus.

There must be some consequence or else everyone will do it.

Not saying it's right but people should think twice before signing their life over to a bank. I'd rather be poor and free than have a little more money and owe the bank for the rest of my life.

Wow....debter prison next? Im not sure what to say...but it sure seems the "Robber Barons" of the 19th and early 20th century are making a move.



a reply to: wasaka

a reply to: wasaka
Makes so much sense.....

WE NEED YOUR MONEY.............................Takes away ability to earn any decent wage........


So much logic...........not.

Right but the price for education is beyond realistic. reply to: OhOkYeah

originally posted by: OhOkYeah
There must be some consequence or else everyone will do it.

Not saying it's right but people should think twice before signing their life over to a bank. I'd rather be poor and free than have a little more money and owe the bank for the rest of my life.

Taking one ability to WORK and earn any sort of decent money hard helps a debt problem.

OK, I have a question. Are student loans in the States government issued?

Government does grants loans are through various agencies private mostly. reply to: intrepid

What next in America:

Fire-fighters replace water with gasoline in hoses?

a reply to: crazyewok

What is your definition of a decent wage?

Whew at 2.69 a gallon thatd be quite a burden to the tax sheep.
a reply to: crazyewok

originally posted by: BlueJacket
Government does grants loans are through various agencies private mostly. reply to: intrepid

So that means it's gov't money but distributed privately?

originally posted by: intrepid
OK, I have a question. Are student loans in the States government issued?

Most are. These were.

www.timesfreepress.com...

In October, 42 nurses' licenses were suspended for failure to repay their federal student loans, including three in Chattanooga, according to the Tennessee Department of Health's monthly disciplinary action report.
...
The suspensions were the culmination of 18 months' worth of efforts to notify and to work on repayment plans with hundreds of professionals licensed under the Tennessee Department of Health and Department of Commerce and Insurance, said Peter Abernathy, staff attorney for the Tennessee Student Assistance Corp., which provides financial assistance for post-secondary education for Tennessee residents. Some of them had been in default on their loans for years, he said.

a reply to: wasaka

These aren't "new laws". They've been on the books for decades.

Dozens of Tennessee nurses have had their licenses suspended for ignoring their student loans under new enforcement of a decade-old statute, state officials said.

www.timesfreepress.com...

And the for-profit colleges like ITT Tech are duping less savvy low income students in to taking on too much debt.

www.motherjones.com...

a reply to: Benevolent Heretic

Cool, thanks. I thought it was gov't and industry in cahoots again. I mean gov't being the strongarm of industry. I've seen that # and it's nasty.

Right but they are backed by private banks arent they? Its been a looong time since I had mine...


reply to: Benevolent Heretic

originally posted by: BlueJacket
Whew at 2.69 a gallon thatd be quite a burden to the tax sheep.
a reply to: crazyewok

Pissing money away and doing things the complete opposite to solve a problem is the American "way" at the moment.

originally posted by: Ultralight
a reply to: crazyewok

What is your definition of a decent wage?

I dont know.

But revoking licences and degree that allow you to do anything above minimum wage its outright dumb and does nothing to help ANY debt situation.

I figured something like this was coming. You'd think they would take away the degrees but most aren't worth the paper they're printed on so no loss there. That's my case anyway. They can take the degree away but not what I've learned. As far as my drivers license well I can always ride a bike or walk and it's actually better for me and the environment.

Plus I wouldn't have to pay on a car loan! Why am I not doing this anyway?