
Most students pay a substantial amount toward their student loans. This can be overwhelming if the student is struggling to make ends meet. According to the Education Department, 9.7% of all student borrowers default on their loans. If you are among the ones that have defaulted on the loans, there are a few ways you can get out of debt or at least stop the penalties so that you are able to pay comfortably.
When are You Regarded to Have Defaulted on a Student Loan?
A default means you have not made payment as you had agreed when making a
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