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Reply to "Defaulting on student loan? "
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[quote=Anonymous]It isn't a horrible idea to go back to school. Many loans are in forbearance while in school. He may not have to make any payments if he is in school again. This would keep him from defaulting. He could take out only federal loans for the school and pay the rest of the tuition along the way. When he is done, he could get a job in the public sector with income based payments and/or loan forgiveness. He really needs to figure out how much his loans are federal and how much are private.[/quote]
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