Thread regarding Navient layoffs

Student-loan debt costing livelihoods for some defaulters

Sounds like a class war about to erupt...

In 19 states, government agencies can seize state-issued professional licenses from residents who default on their educational debts. Another state, South Dakota, suspends driver's licenses, making it difficult for people to get to work.

Few people realize that the loans they take out to pay for their education could eventually derail their careers. But as debt levels rise, creditors are taking increasingly tough actions to chase people who fall behind on student loans.

Firefighters, nurses, teachers, lawyers, massage therapists, barbers, psychologists and real estate brokers have all had their credentials suspended or revoked.

http://www.nwaonline.com/news/2017/nov/26/student-loan-debt-costing-livelihoods-f/?news-national

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