Tag: student loan defaults

Navient Owes the Federal Government a Lot of Money. Why Isn’t Anyone Collecting?

January 29, 2015

For the millions of Americans drowning in debt, non-payment is not an option, and student debt is the worst kind of debt to have. As Senator Elizabeth Warren once remarked, the powers of student-loan debt collectors “would make a mobster envious.” If you’re a company that holds student debt, on the… Read More»

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These Two States Will Revoke Your License If You Can’t Pay Back Your Student Loans

January 12, 2015

Did you know that in two states not paying your student loans could mean your driver’s license can be revoked? That’s the harsh reality for those who have had to borrow to pay for college in both Montana and Iowa, where there are laws that allow the state to take… Read More»

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