Straight from the Q&A for debt forgiveness on college loans, "I was very young when I borrowed this money. Do I still have to pay? Yes. The fact that you didn’t fully understand the implications of getting a loan, or the fact that it’s been many years since you signed for the loan, does not mean that you do not have to pay." They should have a translator standing next to the lending agencies on day one when students apply for loans so they truly know what they are getting into when they sign the dotted line (speaking from experience).
Posted on: Wed, 28 Aug 2013 11:16:14 +0000