Business Insider
US · 1 hrs ago
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Confusion over student debt comes as people are already rethinking college
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Private student loan borrowers face confusion and lack of transparency when their loans move toward default, with the situation contributing to broader reconsideration of college attendance decisions.
Confusion over student debt comes as people are already rethinking college
Hannah Latham, Nic Antaya for BI; Alyssa Powell/BI
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Default, disappear, and then due again. That's the confusing journey some private student-loan borrowers are facing.
Dozens of borrowers, lawyers, and industry experts spoke to BI's Ayelet Sheffey about the uncertainty and lack of transparency that can occur when private student loans move toward default.
It's t
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