How to Default on Student Loans?

Answer Student loans seem like a good way to finance a college education. Interest rates on student loans are low, and borrowers don't have to start repaying student loans as long as they continue to go t... Read More »

Top Q&A For: How to Default on Student Loans

What Loan company will take over my federal student loans when the loans are in default?

When your federal educational loans are in default, you have several options:You can repay the loan in full.You can negotiate a new payment plan with your lender.You can "rehabilitate" your loan.Yo... Read More »

Student loans in a default?

try to aim for grants/scholarships more... they are not to be paid back. its confusing sometimes, but just keep applying. every big (and small) company you see (manufacturer, orgs, corps and groups... Read More »

What percent of student loans are in default?

About 7 percent of U.S. federal student loans were in default as of 2008, which was the latest data available, according to "The New York Times." This was a slight increase from the 6.7 percent rat... Read More »

What percentage of co-signed student loans default?

The default rate on student loans has traditionally been about 5 percent. An announcement in 2007 by the U.S. Secretary of Education said that the rate was 4.6 percent, though the rates can vary, ... Read More »