Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges
by stordoff on Wednesday March 21, 2018 @08:50AM
(#16637553)
Small correction: current loans are written off after 30 years, not 20.
Also worth noting that loans can still be sold off by the SLC (though remain managed by the SLC, so probably makes little if any difference to the individual), and government ownership hasn't completely stopped the use of questionable tactics (e.g. debt collection letters purporting to be from "Smith Lawson & Company").
Also worth noting that loans can still be sold off by the SLC (though remain managed by the SLC, so probably makes little if any difference to the individual), and government ownership hasn't completely stopped the use of questionable tactics (e.g. debt collection letters purporting to be from "Smith Lawson & Company").