To the editor: Seniors who’ve pupil mortgage debt that was by no means resolved are in peril of being made homeless due to efforts to gather on that debt (“Older folks in crosshairs as authorities restarts Social Safety garnishment on pupil loans,” Could 16). This appears exceedingly merciless.
Schooling Secretary Linda McMahon says restarting assortment is a vital step for debtors, “each for the sake of their very own monetary well being and our nation’s financial outlook.”
As traditional, this requires a step-by-step particular person consideration when making these choices. That’s not taking place.
Mindy Taylor-Ross, Venice
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To the editor: If an individual remains to be paying again his or her loans into their older years, then they picked the improper faculty and the improper main. My feeling is that the center class has gotten tricked into believing that if their youngster will get into an elite college, then they’ve the keys to the nice life. The issue with this perception is that this: Their youngster could attend an costly elite faculty however research in a low-paying main. Thus, their youngster’s debt turns into a specter haunting their life for many years.
Except your youngster goes to check in a STEM discipline or another high-paying main, encourage them to decide on a college the place their pupil debt received’t be a curse on their lives even into their golden years.
Mark Walker, Yorba Linda
