What are the consequences of defaulting on student loans?

Related FAQs

What are the differences between federal and private student loans?
How do I apply for student loans?
How have recent changes in the law affected student loan repayment?
Are there any special programs to help those with loans from foreign universities?
Are there any fees associated with student loan servicing?
How do I know if I'm eligible for student loan forgiveness?
Are there any financial aid programs that cover the cost of books and other supplies?
Are there any restrictions on how long I can have a student loan?
Are private student loans eligible for the same repayment advantages as federal student loans?
Are there any grants or scholarships for students attending community college?

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