US Marshals Arresting People for Not Paying Their Federal Student Loans

Believe it or not, US Marshals Service in Houston is arresting people for not paying their outstanding federal student loans. Paul Aker says he was arrested at his home for not paying his $1500 federal student loan. Seven deputy US Marshals showed up at his home with guns and took him to federal court. Overall the US Marshal in Houston serves up to 1500 warrants to people who have failed to pay their federal student loans. With over $1.3 trillion outstanding loans, student loan debt is the second highest form of debt after home mortgages. No doubt there will be many more defaults on federal student loans in upcoming years. (fox26houston.com)