U.S. Marshals Are Now Arresting People for Unpaid Student Loans

loan1By Joshua Krause

Financially speaking, going to college these days is practically a death sentence for most people. Tuition has never been more expensive, and most degrees no longer give you any guarantee of landing a high-paying job. On top of that, it’s nearly impossible to escape these debts through default or bankruptcy.

That’s why there is now well over $1.3 trillion of student loan debt held by millions of Americans. That’s more than the amount of credit card and automotive debt in this country. But at least these debtors can live their lives knowing that there won’t be any dire consequences for not paying, aside from having their wages and tax refunds garnished, and a poor credit score. Right?

Unfortunately, that may not be the case anymore. A Houston resident recently admitted that he was arrested at gunpoint by US Marshals, for failing to pay a $1500 federal student loan from 1987. He’s not alone either, as the US Marshals currently have between 1200 and 1500 warrants for unpaid student loans. You can listen to his terrifying account of what happened below.

Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personal Twitter. Joshua’s website is Strange Danger .

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7 Comments on "U.S. Marshals Are Now Arresting People for Unpaid Student Loans"

  1. debtor prisons in the “land of the free”? tell me it isn’t so… :-

  2. Here’s an idea – students – draft a day and make it a unanimous to stop paying back the tax. Here in Colorado – C.U. and C.S.U. were originally chartered to allow free college to the Colorado kids that could maintain a 2.5(?) or higher.
    Colleges are another corrupt organization designed to keep the slavery going.
    Stop funding them.
    Pyra – land of the enslaved would be more accurate – But I get the sarcasm humor 🙂

    • A loan is a tax?
      Stop funding public universities,making loans even more needed to afford?

      How about supporting Sanders and free tuition funded by a small tax on speculation trading?

  3. It hopes college should not go through sign a paper with hundreds of microscopic annexes letter.

    The hope is to vote the Green Party and Dr. Jill Sten because she has a public commitment to make a quantum flexibility and remove these loans ominous to all students.

    Million students benefited.

  4. A concerned american | February 17, 2016 at 1:20 pm | Reply

    How’s that hope and change working out for you now? If you sign a note-regardless if it’s a car or student loan, you owe that note! Think forgiveness of a student loan will happen? Not on your life-regardless of what the politicians promise!

  5. Philippe Desrosiers | February 28, 2016 at 11:06 pm | Reply

    Heheheeee I would of been jailed in that bananas republic of yours. I had a stack owed to the Bank of Montréal when I quit my university at master level. At that time it seemed like a convenient idea for me that higher education should remain accessible to everyone so I this line of thoughts of mine I did not morally needed to pay back financially… the Bank of Montréal. I declared bankruptcy and the stack I owed went into the bin of pile of Canadian dollar bills that suddenly disappeared into thin air. I have a perfect credit line now but I am not entirely convinced looking at financial current events this nice credit line of mine will last very long… I am under the impression that if you declare bankruptcy once the others are just “déjà vu” and you merely suffer a bit and the first is the worse to endure and this done the others just feel like a slap on the wrist. Quick tip, if you are to declare bankruptcy do a huge one as a small bankruptcy looks really bad as a huge bankruptcy will look financially justifiable and therefore will avoid you some morally engaging questions. Talking like an accomplished crook here make me a good candidate to be CEO of the Montréal bank and most likely it will never happen that would be like passing from the minor league baseball to the major leagues football and being injured with a hockey stick.

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