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(Studio) Report introduced
REPORTER: Dan Rather
(Philadelphia, Pennsylvania) Federal government confiscation of cars of people who have defaulted on student loans here examined. [William ROSE - discusses his situation.] [Govt. spokesperson Peter VIRA - notes importance of auto in US culture.] Student loan default totals here and ntnwide. outlined on screen. [Lydia BANKS - denies being a deadbeat.] [VIRA - lists high price autos confiscated.] Case involving wealthy physician who defaulted on small loan described. [US Marshal Edward SCHAEFFER - notes size of doctor's estate.] Plans for ntnwide.auto confiscation program said due to success of Philadelphia experiment.
REPORTER: Bernard Goldberg
- Goldberg, Bernard;
- Rather, Dan
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