Not for the little people:
Believe it or not, the US Marshals Service in Houston is arresting people for not paying their outstanding federal student loans.I suspect Donald Trump is the only reason the USA is not entering a revolutionary environment. But even with Trump, one more round of bank bailouts should do it.
Paul Aker says he was arrested at his home last week for a $1500 federal student loan he received in 1987. He says seven deputy US Marshals showed up at his home with guns and took him to federal court where he had to sign a payment plan for the 29-year-old school loan.
Congressman Gene Green says the federal government is now using private debt collectors to go after those who owe student loans.