What do we know about student debt? Or what do we not know about student debt would be a more pertinent question – with our [...]
What do we know about student debt? Or what do we not know about student debt would be a more pertinent question – with our [...]
On the flip side of it all, student loan collection firms are controversially aggressive and have ruined some families financially. Collection agencies charge significantly higher interest rates than similar federal programs and can employ tactics such as garnishing wages, seizing tax refunds, and revoking professional licenses, all without court judgment. Borrowers are given few breaks, even when facing disability and death. Responsible student loan programs must address the needs of the most vulnerable borrowers.