Trump admin will seize wages, pensions, tax refunds to repay student loans: 'Debt cannot be wiped away'

[Maximum Overkill 1,738]

Those who default or refuse to pay their federal student loans could have their wages, federal pensions and tax refunds garnished, the White House said Tuesday. 

The beautiful perfect Angel, White House press secretary Karoline Leavitt told reporters in her weekly briefing that the Trump administration will go after those who don't repay the loans instead of placing the burden on taxpayers. 

"The government can and will collect defaulted federal student loan debt by withholding money from borrowers, tax refunds, federal pensions and even their wages," she said.

 

https://www.foxnews.com/politics/trump-admin-seize-wages-pensions-tax-refunds-repay-student-loans-debt-cannot-wiped-away

[jbycho 577]

Winning. 

[The Real timschochet 6,388]

First off I going to guess that, given the amount of people DOGE laid off that performed these functions for us in the past, these collections are going to be quite difficult and take a long time to accomplish. 
 

Second, people should ask themselves whether or not this sort of draconian collections, if actually carried out, will help or hurt our economy. I have a pretty strong feeling that it will be very very bad, given the fact that these same young people are the ones we are relying on to purchase new homes as well as other investments. 

[The Real timschochet 6,388]

3 minutes ago, jbycho said:

Winning. 

As always you are so impressed by tough talk that never goes anywhere and never actually accomplishes anything. 

[Maximum Overkill 1,738]

Just now, The Real timschochet said:

As always you are so impressed by tough talk that never goes anywhere and never actually accomplishes anything. 

Student debt should never be forgiven. What kind of message does that send to Kids who couldn't afford College. 

Except you don't care about those people. 

[Engorgeous George 2,117]

2 minutes ago, The Real timschochet said:

First off I going to guess that, given the amount of people DOGE laid off that performed these functions for us in the past, these collections are going to be quite difficult and take a long time to accomplish. 
 

Second, people should ask themselves whether or not this sort of draconian collections, if actually carried out, will help or hurt our economy. I have a pretty strong feeling that it will be very very bad, given the fact that these same young people are the ones we are relying on to purchase new homes as well as other investments. 

If they wqant to purchase their homes with the same intention as they purchased their educations they will simply be acquiring yet another thing of value under false pretenses.  Better to teach them to honor their comitments.  In the long run honored commitments are good for the economy, not bail outs.

[squistion 1,940]

10 minutes ago, The Real timschochet said:

First off I going to guess that, given the amount of people DOGE laid off that performed these functions for us in the past, these collections are going to be quite difficult and take a long time to accomplish. 

Second, people should ask themselves whether or not this sort of draconian collections, if actually carried out, will help or hurt our economy. I have a pretty strong feeling that it will be very very bad, given the fact that these same young people are the ones we are relying on to purchase new homes as well as other investments. 

Yeah, I might get into this if it wasn't for the fact Trump wants to give more tax breaks to billionaires...

[Hardcore troubadour 14,903]

2 minutes ago, squistion said:

Yeah, I might get into this if it wasn't for the fact Trump wants to give more tax breaks in the budget to billionaires...

Just billionaires? 

[RaiderHaters Revenge 4,236]

15 minutes ago, The Real timschochet said:

First off I going to guess that, given the amount of people DOGE laid off that performed these functions for us in the past, these collections are going to be quite difficult and take a long time to accomplish. 
 

Second, people should ask themselves whether or not this sort of draconian collections, if actually carried out, will help or hurt our economy. I have a pretty strong feeling that it will be very very bad, given the fact that these same young people are the ones we are relying on to purchase new homes as well as other investments. 

how is it draconian, pay your debts

jeezus christ dude you support the IRS

 

 

[Hardcore troubadour 14,903]

12 minutes ago, Maximum Overkill said:

Student debt should never be forgiven. What kind of message does that send to Kids who couldn't afford College. 

Except you don't care about those people. 

Why would he? Think he ever sweated out paying some bills? 

[The Real timschochet 6,388]

13 minutes ago, Engorgeous George said:

In the long run honored commitments are good for the economy, not bail outs.

This is a generalized statement that sounds good on paper but I’m not at all sure it’s true in real life. 

[Maximum Overkill 1,738]

Just now, Hardcore troubadour said:

Why would he? Think he ever sweated out paying some bills? 

@The Real timschochet is a White eletist. He only cares about rich white kids. He thinks that white kids shouldn't pay for college. 

[jbycho 577]

17 minutes ago, The Real timschochet said:

As always you are so impressed by tough talk that never goes anywhere and never actually accomplishes anything. 

If nothing has been getting done to hurt you all, then why the  fock are all you liberals whining incessantly on an hourly basis nonstop? 

[The Real timschochet 6,388]

1 minute ago, jbycho said:

If nothing has been getting done to hurt you all, then why the  fock are all you liberals whining incessantly on an hourly basis nonstop? 

The tariffs have hurt me. The other stuff is hurting incident people all the time. But it’s not accomplishing any of the things you think it is. 

[Engorgeous George 2,117]

On 4/23/2025 at 10:45 AM, The Real timschochet said:

This is a generalized statement that sounds good on paper but I’m not at all sure it’s true in real life. 

Yet I am certain that those who sign leases with you agreeing to pay future amounts actually have to pay those amounts or suffer adverse consequences.  I bet you do not forgive the amounts as it may be good for the economy.  The very basis for you entering into agreements are the expectation that agreements will be honored.  Once that is gone so too is the basis of our current economy.

[jbycho 577]

Just now, The Real timschochet said:

The tariffs have hurt me. The other stuff is hurting incident people all the time. But it’s not accomplishing any of the things you think it is. 

You have not been right about anything. Ever. 

That is why you are so hurt. It's self imposed. 

Wake up dude. The sooner you take accountability for your own thinking and actions, the sooner you will wake up and see the truth. You may want to get a good therapist first though, because if you ever choose to actually see yourself for who you are, you may need a totally different type of emotional support than you do as a butt-hurt liberal. They may need to put you in a rubber room for a while. 

[Hardcore troubadour 14,903]

I wonder how much Tim got in Covid payments.  

[RaiderHaters Revenge 4,236]

Tim.....IRS garnishing wages to fund gender garbage 

Tim.....garnishing wages to pay your own debt 

[Hawkeye21 2,379]

Just shut up and pay off your loans.  Such a dumb argument. 

[The Real timschochet 6,388]

15 minutes ago, Engorgeous George said:

Yet I am certain that those who sign leases with you agreeing to pay future amounts actually have to pay those amounts or suffer adveerse consequences.  I bet you do not forgive the amounts as it may be good for the economy.  The very basis for you entering into agreements are the expectation that agreements will be honored.  Once that is gone so too is the basis of our current economy.

I forgive leases all the time. During Covid I lost an entire year of rent. Some other landlords I know refused to renegotiate terms and the result of that is that now they have vacancies and I do not. These things depend on circumstances, there are no set rules except try to look at the big picture. 

[HotRod 69]

Alpha.

Sorry Trevor but I aint paying off your 80 grand that you paid to get a transgender basket weaving degree so you can be a barista.

[The Real timschochet 6,388]

Some of you trying to lecture me about business is both amazing and amusing to me. 

[Hawkeye21 2,379]

Not paying what you owe always pisses me off.  I have a customer that owes me over $300k.

[jbycho 577]

Just now, The Real timschochet said:

Some of you trying to lecture me about business is both amazing and amusing to me. 

Yeah, you play a true "business man" on the internet.

It's a shame that you know nothing about business in real life.

Do you also go see Doogie Houser when you get sick? 

[HotRod 69]

2 minutes ago, Hawkeye21 said:

Not paying what you owe always pisses me off.  I have a customer that owes me over $300k.

Is he a good friend of yous?

[The Real timschochet 6,388]

1 minute ago, Hawkeye21 said:

Not paying what you owe always pisses me off.  I have a customer that owes me over $300k.

This is the problem: you’re looking at it emotionally. So do most people. 

I strongly believe that forgiving almost all student loans would be the best possible investment we could make into our economy: far far more productive than the tax cuts Trump is trying to push through. It would stimulate the housing industry which is the key to everything else. But this is an argument based on reason and business- it’s got nothing to do with fairness and what people deserve. I can’t argue with those emotional topics. 

[Hawkeye21 2,379]

1 minute ago, HotRod said:

Is he a good friend of yous?

No.  He's just a customer who's done business for a while and he made a poor business decision by ordering way too much product that he couldn't sell.  We tried to work with him on making payments but he sucked at that.  Then he got upset with us pursuing him so he decided to stop paying us at all.

[shadrap 220]

56 minutes ago, The Real timschochet said:

First off I going to guess that, given the amount of people DOGE laid off that performed these functions for us in the past, these collections are going to be quite difficult and take a long time to accomplish. 
 

Second, people should ask themselves whether or not this sort of draconian collections, if actually carried out, will help or hurt our economy. I have a pretty strong feeling that it will be very very bad, given the fact that these same young people are the ones we are relying on to purchase new homes as well as other investments. 

If they can't pay off a student loan I doubt they can get a loan for a house.

[RaiderHaters Revenge 4,236]

Just now, The Real timschochet said:

This is the problem: you’re looking at it emotionally. So do most people. 

I strongly believe that forgiving almost all student loans would be the best possible investment we could make into our economy: far far more productive than the tax cuts Trump is trying to push through. It would stimulate the housing industry which is the key to everything else. But this is an argument based on reason and business- it’s got nothing to do with fairness and what people deserve. I can’t argue with those emotional topics. 

why the fock should you get your stupid a55 loan paid off when I paid mine off?  Why am I paying for yours, this is the dumbest thing youve ever said

if you want to simulate the economy wipe 50k in debt FROM everyone or 100K or whatever, what makes useless college degrees get it over my mortgage?

 

[Hawkeye21 2,379]

Just now, The Real timschochet said:

This is the problem: you’re looking at it emotionally. So do most people. 

I strongly believe that forgiving almost all student loans would be the best possible investment we could make into our economy: far far more productive than the tax cuts Trump is trying to push through. It would stimulate the housing industry which is the key to everything else. But this is an argument based on reason and business- it’s got nothing to do with fairness and what people deserve. I can’t argue with those emotional topics. 

I'm looking at it as a responsible adult.  There are no excuses.

[HotRod 69]

1 minute ago, Hawkeye21 said:

No.  He's just a customer who's done business for a while and he made a poor business decision by ordering way too much product that he couldn't sell.  We tried to work with him on making payments but he sucked at that.  Then he got upset with us pursuing him so he decided to stop paying us at all.

You don't even like him. There's your answer right there. Look at it this way: It costs you 300 large to get rid of him. He's out of your life for 300 large. You got off cheap. Forget him.

[Maximum Overkill 1,738]

Just now, Hawkeye21 said:

strongly believe that forgiving almost all student loans would be the best possible investment we could make into our economy

And what about medical debt? Shouldn't that take precedent over some yuppie with a useless liberal arts degree??? 

[Hawkeye21 2,379]

1 minute ago, HotRod said:

You don't even like him. There's your answer right there. Look at it this way: It costs you 300 large to get rid of him. He's out of your life for 300 large. You got off cheap. Forget him.

I never knew the guy until I had to step in during a verbal argument he was having with my GM.  I was the one that decided to give him a chance to pay us back $20k at a time and allowing him to still take product from us.  He screwed me over though.  He has now been sued and owes us that money, plus finance fees.

[Hawkeye21 2,379]

3 minutes ago, Maximum Overkill said:

And what about medical debt? Shouldn't that take precedent over some yuppie with a useless liberal arts degree??? 

How did this quote get tagged by me?

[CaptainObvious1 319]

26 minutes ago, Hawkeye21 said:

Just shut up and pay off your loans.  Such a dumb argument. 

You new to Tim?

[CaptainObvious1 319]

17 minutes ago, The Real timschochet said:

This is the problem: you’re looking at it emotionally. So do most people. 

I strongly believe that forgiving almost all student loans would be the best possible investment we could make into our economy: far far more productive than the tax cuts Trump is trying to push through. It would stimulate the housing industry which is the key to everything else. But this is an argument based on reason and business- it’s got nothing to do with fairness and what people deserve. I can’t argue with those emotional topics. 

Repay me for my college expenses plus interest.  Fair?

[Hawkeye21 2,379]

2 minutes ago, CaptainObvious1 said:

You new to Tim?

Well, that wasn't directed at Tim.  It was for anyone that doesn't think they should have to pay back the loan they took out.

[The Real timschochet 6,388]

Me: I can’t argue fairness. Of course forgiving these loans isn’t fair. But it makes good business sense. 
 

You guys: But it’s NOT FAIR!! 

[Maximum Overkill 1,738]

1 minute ago, The Real timschochet said:

Me: I can’t argue fairness. Of course forgiving these loans isn’t fair. But it makes good business sense. 
 

You guys: But it’s NOT FAIR!! 

Medical debt? 

[Hawkeye21 2,379]

2 minutes ago, The Real timschochet said:

Me: I can’t argue fairness. Of course forgiving these loans isn’t fair. But it makes good business sense. 
 

You guys: But it’s NOT FAIR!! 

I could get on board with getting rid of the interest but that's about it.