Question by  promod (7)

Can you still attend college with defaulted student loan?

I need a degree to make enough money to pay the defaulted loan.


Answer by  Roland27 (16334)

If you find a co-signer for the new loan that will put you through college then you can still go.


Answer by  technogeek (6640)

You will need to make payments for six months to get the loan out of default and then once you start school, your loans will convert to in school status meaning that payment will not be required but interest will continue to accrue.


Answer by  Kurt (4579)

You can still go to college as long as you are able to pay for the classes yourself instead of getting a new student loan. The financial aid office would not be able to help you with new student loans if you are in serious default on the old ones.


Answer by  tamarawilhite (17883)

You can still attend college if you save up and pay cash for it or if you are attending on scholarship. However, if you have defaulted on a student loan, you will probably not be able to get another student loan.


Answer by  catch2007 (212)

Yes, you may attend college. However, having a defaulted student loan may impact your ability to recieve financial aid to pay for college. Please check with the prospective college on how this may affect any aid package.

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