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2. Student loan default in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loan_default_in...

   Defaulting on a loan happens when repayments are not made for a certain period of time as defined in the loan's terms of agreement, typically a promissory note. For federal student loans, default requires non-payment for a period of 270 days. For private student loans, default generally occurs after 120 days of non-payment. [1]

3. Student Loan in Default? Here’s How You Can Fix It - AOL

   www.aol.com/student-loan-default-fix-194451836.html

   3. Federal Student Loan Consolidation. Consolidating your federal student loans offers another pathway to get out of student loan default. With a Direct Consolidation Loan, you’ll pay off one or ...

4. Student loan wage garnishment: How defaulting could ... - AOL

   www.aol.com/finance/student-loan-wage...

   With federal student loans, wage garnishment can continue until your loan balances plus interest and fees are paid back, but it can also end if your loan is removed from default. The federal ...

5. What is student loan default? - AOL

   www.aol.com/finance/student-loan-default...

   Getting federal student loans out of default. Normally, there are three main ways to get your federal student loans out of default: paying your entire loan balance in full, pursuing loan ...

6. Education Dept. extends deadline for defaulted student loan ...

   www.aol.com/news/education-dept-extends-deadline...

   There were around 7.5 million federal student loan borrowers in default, the Education Department said in 2022, when it launched its mulligan program. That grim figure led to comparisons with the ...

7. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   As previously mentioned, default consequences are severe and can include damaged credit, ineligibility for future student loans, garnishment of wages, high collection fees, loss of federal income tax refunds or Social Security and prohibition from other federal assistance programs. Additionally, the increasing number of defaults has an impact ...