If you look today at the YouTube video, you can see an update among the choices of related videos to the right. It shows a lot of new info that makes one a lot less sympathetic to the “victim”.
The $1500 loan from 29 years ago is undoubtedly well over $10,000 now, including penalties and interest charges. And the guy undoubtedly had regular notices during those 29 years which he ignored. He is blowing off the money that we taxpayers loaned him and he presumably earned more in the last 29 years as a result. He now appears to live in a nice house. Time to pay.