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Posted in Student Loans
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snifflesmouse2

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what happens to student loan debt when the school is closed by the federal treasury
School was closed by the federal treasury due to student loan fraud and other charges but the loan keeps changing hands (through the same company) even though they are not allowed to practice in the state.

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You took out the loans and went to the school?  You owe repayment of the loans.  Whatever action taken by the government agains the school doies not remove YOR obligation to repay the loan.  The school will face fines and will not be a recipient of federal school loans in the future.

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