Comment on A Student Loan System Stacked Against the BorrowerparentComments−nordsieck10yIt's not true that there's zero risk. As they say - "you can't get blood from a stone".There are plenty of people who just don't pay their loans and make so little money there is no realistic recourse for the banks.−kefka10yUnfortunately, the recourse is a lifetime of garnishment. That may (and can) include garnishment of Social Security.
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It's not true that there's zero risk. As they say - "you can't get blood from a stone".
There are plenty of people who just don't pay their loans and make so little money there is no realistic recourse for the banks.
Unfortunately, the recourse is a lifetime of garnishment. That may (and can) include garnishment of Social Security.