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Reply to "Can DH's school do this?"
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[quote=Anonymous][quote=Anonymous]What do you mean by "federral loan." Student loans are guaranteed by the feds but the actual loan comes from a bank, which turns the loan proceeds over to the school. The school has no dog in this fight and the bank can't "lien" DH's degree. You can't get blood from a stone anyway - offer to pay the money back, as agreed. No one has any other recourse.[/quote] My understanding of how this works is the loan company will simply take the money from the school, the school will then bill the OP and her DH the amount of tuition and if they do not pay, he will be removed from the class. [/quote]
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