What Happens If You Just Don’t Pay Your Student Loans?
Unfortunately, defaulting is harder to deal with than you might think.
Last month, Nadia got a letter in the mail saying her federal student-loan payment was past due. “It said that I owed more than $3,000 immediately,” she says. “I completely freaked out. I had no idea it was due, or why it was that high, or where I’d get the money to pay it.” More »
