What are the consequences of defaulting on my student loans?

Related FAQs

What are the advantages of consolidating my student loans?
Are there any programs to help those in public service with student loan repayment?
Does loan consolidation reduce my interest rate and monthly payments on my student loans?
Can I discharge my student loan debt in bankruptcy?
Are there any federal grants available to help cover educational costs?
Are there any restrictions on how long I can have a student loan?
How do I find out if I'm eligible for student loan forgiveness?
Are there any student loan repayment plans that allow for income-driven repayment?
Are there any special programs to help those with loans from foreign universities?
Are there any special rules for postgraduate student loans?

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