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Feds Are Cutting Social Security Benefits From Retirees Who Can’t Pay Back Student Loans 

By: capt_nemo in ROUND | Recommend this post (1)
Wed, 22 Aug 12 7:30 AM | 82 view(s)
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By: From the Trenches
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ECONOMY

While most attention in the ongoing student debt crisis narrative has focused on new graduates, it turns out the federal government has been quietly targeting a different group of debtors: retirees.

The Treasury Department has been withholding as much as 15 percent of Social Security benefits from “a rapidly growing number of Social Security recipients who have fallen behind on federal student loans,” Smart Money’s Annamaria Andriotis reports:
http://fromthetrenchesworldreport.com/feds-are-cutting-social-security-benefits-from-retirees-who-cant-pay-back-student-loans/19881/




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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