To the editor: Seniors who’ve scholar 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,” Could 16). This appears exceedingly merciless.
Schooling Secretary Linda McMahon says restarting assortment is a crucial step for debtors, “each for the sake of their very own monetary well being and our nation’s financial outlook.”
As regular, this requires a step-by-step particular person consideration when making these selections. That’s not taking place.
Mindy Taylor-Ross, Venice
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To the editor: If an individual continues to be paying again his or her loans into their older years, then they picked the fallacious faculty and the fallacious main. My feeling is that the center class has gotten tricked into believing that if their little one will get into an elite college, then they’ve the keys to the nice life. The issue with this perception is that this: Their little one could attend an costly elite faculty however research in a low-paying main. Thus, their little one’s debt turns into a specter haunting their life for many years.
Until your little one goes to check in a STEM discipline or another high-paying main, encourage them to decide on a college the place their scholar debt received’t be a curse on their lives even into their golden years.
Mark Walker, Yorba Linda
