Student loan borrowers skip payments: It's "an act of civil disobedience", 1 in 10 say they won't pay
Student loan borrowers skip payments: It's "an act of civil disobedience", 1 in 10 say they won't pay
As national student loan debt lies at 1.75 trillion, one in 10 borrowers said they won't be paying off their loans as a matter of principle.
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I mean... right or wrong, FAAFO with banks does not sound fun, I hope they have an exit strategy like to live with someone else as they drop off the grid.:-|
I agree. More power to them, but I'm way too risk adverse to personally stop paying. I genuinely hope they can induce some change. I guess that makes me a scab.
I hope this debt is forgiven someday, but I don't have enough faith in the powers that be to risk my future on it.
I mentioned to someone else replying at the same time as you did:
Don't beat yourself up -
that's the banks job.Like if someone scams you and you follow them to their house, break in and take your money back... you become the assailant at that point - e.g. if someone spots you, maybe not even the owner, and shoots you dead or whatever, then the fact that it's their house is all that police are going to see and care about.
Movies and TV shows about vigilantes are fun to watch but the reality is that it is quite dangerous. Right or wrong, they have the entire weight of society behind them.
Find a way to resist that does not involve the likelihood of losing everything you have.:-)
Yeah, much as I'd like to participate, I'm scared into being a scab. Life is hard enough as it is.
Don't beat yourself up -
that's the banks job.Like if someone scams you and you follow them to their house, break in and take your money back... you become the assailant at that point - e.g. if someone spots you, maybe not even the owner, and shoots you dead or whatever, then the fact that it's their house is all that police are going to see and care about.
Movies and TV shows about vigilantes are fun to watch but the reality is that it is quite dangerous. Right or wrong, they have the entire weight of society behind them.
Find a way to resist that does not involve the likelihood of losing everything you have.:-)
What if they've built a system where peaceful resistance is encouraged but designed to be ineffective so the only way to resist effectively is to risk everything you have?
Then feel free to do so, bc at that point you know what you are risking, and more importantly what you are fighting for.
The banks won't really care either way ofc. But you will notice, and at the end of the day that's what matters.:-) There are worse things to lose than merely your life - like your soul (center of being).
Although... it wasn't the banks who caused the colleges to scam students into getting loans. And most professors and staff at the colleges resisted the conversion into becoming for-profit - many (those who could) literally quit over it. The ones who caused that though have likely already cashed out and walked away.
But even they weren't the ones who changed our economy from being one that worked FOR the people into one that used people to build more wealth for the already obscenely wealthy, and in so doing not hiring people with college degrees. As so many documentaries (like Inequality For or All) explain, that was Reagan on behalf of Republicans who broke the backs of the unions, and everything since has only reinforced and strengthened those steps.
In this place where I live, even every act of compassion is a form of resistance
That's so sad... and yet all the more worthwhile then - dare to be different:-).