Many student loan borrowers have recently been contacted by National Collegiate Trust or by other debt collection agencies who have demanded payments for old student loan accounts
In order to qualify for income-driven repayment plans, a borrower may not be in default on his or her loans.
Income-driven repayment plans focus on the borrower’s adjusted gross income and household size to determine what amount the borrower should reasonably be expected to pay each month.
HR Departments have to deal with Student Loan Defaults