OCCUPY STUDENT DEBT

Student debtor stories submitted by the 99%

Senior Citizen and Handicapped to Boot!!l

My original loan was $11,000 back in 1987 and 1988!! Now, the balance with interest and penalties is over $49,000!! Wow!! What a Difference of $39,000!! I am currently living off of Social Security of $1,100 a month with my rent of almost one-half tat $500 a month.

Social Security is currently garnishing my wages for $165 leaving me with only $935 to live off with one half going to rent alone!!

So, It is not hard to see that this puts me in financial hardship by being garnished by the Department of Education. I have paid over $2,000 in Interest Alone nothing on the Principal which was only $11,000 to start. This is a Crime and a Shame the Federal Government is garnishing my Social Security!!
-Mr. Eugene R. Johnson, Senior Citizen!! and Handicapped to Boot!!l