Golden years turned into poverty today for those with college educations and unpaid federally guaranteed loans... Are you expecting to pad your golden years with those Social Security payments? Do. Not. Count. On. That. $1,200/mo. At least 22,000 Americans aged 65 and older had a part of their Social Security benefits garnished last year to the point that their monthly benefits were below federal poverty thresholds, according to the Government Accountability Office... at least another 83,000 Americans aged 64 and younger are left with poverty-level Social Security payments, GAO data show. Federal auditors cautioned that the number of Americans forced to accept poverty-level benefits because of past defaults on federal student loans are surely higher... huffingtonpost/2014/09/11/seniors-education-department-student-debt_n_5807820.html MORAL: Depend on NOTHING. No one. Depend on yourself. If all you really have to look forward to is that SS payment in your golden years, prepare to have it garnished by the feds if you have any unpaid federally guaranteed loans. Do something now. Learn to market online or off. LEARN HOW before its too late and they take your golden years away from you.
Posted on: Sun, 14 Sep 2014 01:01:47 +0000