I am a service-connected disabled vet rated at 30% compensation and have a defaulted student loan that was originally for just under $2000.00 (two thousand U.S. dollars) from back in the late ’80s. All thru the 90’s, after I defaulted, from about 1993 on, each tax year, the IRS withheld my income tax refund and “supposedly” applied it to said defaulted student loan.
Then, in 2003, when my wife finally got her Social Security Disability started and got 2 yrs. of back-pay, we get a letter from (guess who) The U.S. Dept of Education stating they wanted the “full amount” of the loan, plus interest, plus fees, which more than tripled the original amount of the loan.
I called the IRS and asked about why my income tax which was withheld during the ’90s wasn’t applied to the loan, and they said “We don’t keep records back that far.” *exact quote from IRS*
Anyway, to make a long story short, the Dept of Ed. says I still owe the full amount, (plus all the b.s interest and fees) so any money from the U.S. Gov like tax refunds, stimulus b.s. ect., to me goes to them (which is just another part OF the U.S. Gov..) so they just take my money, put it from one Dept. (Treasury) and send it to another (Education).
So, anyway..after all that B.S., I don’t believe anything the Gov. tells me any more…the "Economic Stimulus" can keep stimulating the Government until "you know where" freezes over or I die, whichever comes first!
justanotherbody's blog
V.A. Student Loans
Posted June 3rd, 2009 at 11:21 PM by justanotherbodyVeteran's Stimulus Still Not Received?
Posted June 3rd, 2009 at 11:06 PM by justanotherbodySeems Vets are last on the list again. The $250.00 Stimulus Package promised Vets that are receiving V.A. Compensation or Pension that they would get a $250.00 check "sometime in June". WTF is that all about? Everyone else getting the money, *Social Security, Retired Railroad Workers*, got theirs in May, and now Vets have to wait...and wait...and wait....to see if they're even going to be acknowledged. Figures...they just release a press release, 2 months ago and then it's forgotten...
If you're a Veteran receiving compensation or pension and haven't gotten your $250.00 Stimulus Payment yet, drop me a line or 2 and let me know, or...if you have gotten it, let me know that too, thanks.





