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Trump Admin Will Garnish Struggling Borrowers' Wages as Student Loan Payments Resume
(www.commondreams.org)
this post was submitted on 22 Apr 2025
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Calling it now: Debtor’s prisons are going to be the “next big thing” from private incarceration companies.
I had to do a quick google for a reminder of how they were done away with in the US in the first place... Supreme Court ruled it unconstitutional.
So yeah, I look forward to them coming back.
Why do you think things like CFPB are/were being lied about so much? Andreesen sat there and brazenly lied about them.
But the elites hate that there is anything protecting the little guy. They'd much rather have zero regulation and have the parasitic, predatory idle rich class be able to fleece the poor and middle class even harder, and imprison those that cannot repay...
Best Simpsons line ever:
"Poor people get all the breaks!"
This is some future we've built/inherited, huh?
A friend of my parents once invited them to an investment seminar ("free dinner!"), and it turned out to be an investment in a private prison company. Their friend bought in, and was surprised my parents didn't. It was partially because they are very risk averse, but also because they simply didn't like the idea of profiting off of human misery.
What a great way to discourage up-and-coming (other than white) poor people from getting (higher) education. /s
Equate ‘not being able to pay for it outright’ to imprisonment.
Yeah I’m pretty sure that’s by design
It could go that direction, or could go toward forcing otherwise unwilling people to join the military through a program that pays off student loans. This program looks pretty limited, but it looks like it has all the linkage to be expanded to be more generally applicable to more people:
College Loan Repayment Program (LRP)
source
Oh, yeah, I've been predicting that for a while now. Low credit ratings will also mark you as a potential criminal.