Estimated reading time: 0 minutes, 35 seconds

Feds Arresting People for Defaulting on Student Loans

A Texas man was arrested by federal marshals for failing to repay a $1,500 student loan that he took out 30 years ago when he was a student at Prairie View A&M University. So reports the Fox26.

The man, Paul Aker, 48, says he had no idea what was going on when armed U.S. Marshals showed up at the door of his home and threw him to the ground. He also says that, after being placed in a holding cell, he was taken to court and ordered to sign a payment plan for $5,700. Up to 1,500 people who have not repaid their loans will soon be served with warrants, according to U.S. Marshals.

Read the full article from Fox26

Read 3160 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.