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    jmorrs's Avatar
    jmorrs Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 21, 2009, 10:06 AM
    Is there a statue on default student loans
    Is there a statue on default student loans
    N0help4u's Avatar
    N0help4u Posts: 19,823, Reputation: 2035
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    #2

    Feb 21, 2009, 11:05 AM

    Nope.
    You can get them deferred when you aren't making enough but you can not default on them
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Feb 21, 2009, 11:27 AM

    In the US, the Gov student loans have no SOL and they can not even be discharged in bankruptcy. And in many states they may do garnishments without the need of getting a judgement
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