Defaulting on a student loan can have serious and long-lasting consequences. Avoid it if at all possible.You are viewing information for
If you don't make required payments on a student loan, you'll end up in default--and face serious, long-lasting consequences. Your credit will be badly damaged, you'll end up owing more money, and you may find yourself in court.
For more information on default, select your state below.
Jurisdictional relevance:
The content of this article pertains to all US states and counties.
Tips on managing your student loan repayment --and avoiding the serious consequences of defaulting on your loans.
What to do if you've defaulted on student loans, whether federal or private.
The consequences of defaulting on a student loan are serious and long-lasting -- and may depend on where you live. Here is information for your state.
This website from the National Consumer Law Center offers a wide variety of resources to help you handle student loan problems
CFPB can help you make the right choices about paying for college and understand your options for paying back student loan debt
What default means, its consequences, and what to do if your loan is in default
The official home page for federal student loan debt collection information
Here's where you can find the specific wage garnishments and limits for State.
Twenty states suspend people’s professional or driver’s licenses if they fall behind on loan payments, according to records obtained by The New York Times.
