To the editor: Seniors who’ve pupil mortgage debt that was by no means resolved are at risk of being made homeless due to efforts to gather on that debt (“Older people in crosshairs as government restarts Social Security garnishment on student loans,” Might 16). This appears exceedingly merciless.
Schooling Secretary Linda McMahon says restarting assortment is a obligatory step for debtors, “each for the sake of their very own monetary well being and our nation’s financial outlook.”
As typical, this requires a step-by-step particular person consideration when making these choices. That’s not occurring.
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 incorrect faculty and the incorrect main. My feeling is that the center class has gotten tricked into believing that if their baby will get into an elite college, then they’ve the keys to the great life. The issue with this perception is that this: Their baby might attend an costly elite faculty however examine in a low-paying main. Thus, their baby’s debt turns into a specter haunting their life for many years.
Except your baby goes to check in a STEM area or another high-paying main, encourage them to decide on a faculty the place their pupil debt gained’t be a curse on their lives even into their golden years.
Mark Walker, Yorba Linda