A Texas man was arrested for failure to pay a $1500.00 student loan debt that is 29 years old. Paul Aker said He received a $1500.00 student loan in 1987 which apparently he did not pay back and claims last week 7 armed Federal Marshalls heavily armed showed up to his home and arrested him.
Congressman Gene Green says the Federal Government has hired private collection agents to pursue those that owe student loans and have not paid.
Green than says that debt collectors and attorneys are using the court systems by obtaining judgement and asking judges to use the US Marshals to arrest people who have not paid their student loans.
Currently, they have approximately 1200-1500 warrants that still has to be served.
Check out the video below:
Video Source: Fox 26 News