What Happens If I Default on My Student Loans?
Student Loan Default Consequences and Penalties

What Happens If I Default on My Student Loans?

Defaulting on a student loan can have serious and long-lasting consequences. Avoid it if at all possible.
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Updated: 2020-12-23
Avoiding Student Loan Default
 
How to Get Out of Student Loan Default
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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: There are versions of this article for each State.
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