What Happens to Student Loan Debtors?

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

If the banking/credit system fails totally, what is likely to happen to students that received Federal student loans, if they can't repay Uncle Sam?

-- Knut O'Selznik (knutrik@hotmail.com), June 24, 1998


What if Uncle is paralysed or collapsed? I don't think I'd worry about not being able to pay. If even half of the predictions of bureaucratic meltdown occur, I don't think they'll be a-knocking at the indebted students doors.

-- Donna Barthuley (moment@pacbell.net), June 24, 1998.

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