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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 loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   Except for Nova Southeastern, they are all for-profit. In 2018, the National Center for Education Statistics reported that the 12-year student loan default rate for for-profit colleges was 52 percent. [10] The default rate for borrowers who do not complete their degree is three times the rate for those who did.

4. Private student loan (United States) - Wikipedia

   en.wikipedia.org/wiki/Private_student_loan...

   A private student loan is a financing option for higher education in the United States that can supplement, but should not replace, federal loans, such as Stafford loans, Perkins loans and PLUS loans. Private loans, which are heavily advertised, do not have the forbearance and deferral options available with federal loans (which are never ...

5. Federal vs. private student loans: What’s the difference? - AOL

   www.aol.com/finance/federal-vs-private-student...

   Federal student loans. Private student loans. Interest rates. 5.50% to 8.05% for loans disbursed before July 1, 2024. 6.53% to 9.08% fixed for loans disbursed after July 1, 2024

6. Loan default rates and student loan repayment - AOL

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

   For federal student loan debt, the government can even seize your social security payments and your tax refund,” he adds. But falling behind on student loan payments is just the tip of the iceberg.

7. Student Loan Default: What to Know - AOL

   www.aol.com/news/student-loan-default-know...

   If you're having trouble making ends meet, you might feel the urge to put off student loan repayment and set your statements aside to deal with later, especially if you expect your situation to be ...