These states will take away your driver’s license if you default on student loans

[KamaAina]

http://fusion.net/story/110165/default-on-your-student-loans-lose-your-license-in-these-22-states/

Nurses and teachers across the country are at risk of losing their jobs if they default on student loans.

Nearly two dozen states have laws on the books that allow states to confiscate the driver’s licenses or professional credentials – real estate licenses, teaching credentials, nurse registrations, etc. – of people who have fallen behind on their student loan payments.

But there have been recent attempts by state lawmakers in several states to get rid of such laws, which are spelled out here by Jobs with Justice, which cites data from the National Consumer Law Center’s book, Student Loan Law.

Montana, Iowa and Oklahoma, states that aren’t exactly known for their superior public transit systems, confiscate driver’s licenses. Those same states, plus many more, including California, Florida and Texas, can prevent nurses and healthcare professionals from working if they fall into default on student loans.

[Takket]

1. great idea!

Nothing will make sure someone can repay their student loan quite like taking away their ability to drive to their job!

[ProfessorPlum]

2. debtor's prisons, here we come

courtesy of the Banksters who run the country.