What happens if someone doesn't finish paying off their school loan?
@BillieBun So, they will first start seizing your tax returns. After that, they will get a default judgment against you and begin to garnish your wages.
@sirgeefive I know a woman who actually took out student loans in her sons' names. Maybe they paid the loans off, but i just wondered what would happen if they didn't. They of course wouldn't report their mother for taking out loans in their names.... she has them all trained.
@BillieBun My mother did that. She snuck a couple of loans for herself into my student loans. They caused me to default even when I was paying my loans. It took me nearly 25 years to pay off my student loans and hers. The justification was that I benefited from them even if I didn't receive them, thus my name was on the loan and I was liable. I had to pay them, even though she took the additional ones out. It sucks, but student loans are a racket.