Sentence examples for default on a student from inspiring English sources

And to make things worse, there is no way to default on a student loan.

He added that of the more than 8 million Americans in default on a student loans, "most of these defaults could have been avoided if servicers enrolled borrowers in affordable repayment plans".

In a Wednesday speech, Richard Cordray, who oversees the federal consumer bureau, said that with some 8 million Americans in default on a student loan, "strengthening student loan servicing is essential to getting this growing problem under control".

He also defaulted on a student loan and declared bankruptcy at one point.

He had to weather reports that he had owed several thousand dollars in taxes and that he defaulted on a student loan last year.

Once a person defaults on a student loan, the balance grows exponentially, with interest compounding on interest, penalties and fees.

Once a borrower has defaulted on a student loan, this can also result in automatically becoming ineligible for some government jobs.

A study conducted for the industry's own trade association, APSCU (then called the Career College Association) concluded that even after accounting for differences in student demographics, students who attended for-profit colleges are at least twice as likely to default on student loans as students at public and non-profit colleges.

APSCU's own study (when it was still called the Career College Association) concluded that even after accounting for differences in student demographics, students who attended for-profit colleges are at least twice as likely to default on student loans as students at public and non-profit colleges.

In January, he was sued for defaulting on a $6,500 student loan from his days at Thomas M. Cooley Law School in Lansing, Mich.

Before he served his two-year term in federal prison for the forgery, Mr. Malik separated from his wife; defaulted on a $15,000 student loan; was arrested several times on charges of passing bad checks (one resulting in a lawsuit against him by the E-Z Check Cashing Corporation of Atlanta); and was sued by a towing company that said he had abandoned his car on the street.