Can I get out of paying student loan?

Unless the school is the one that issued you the loan, the financial institution that did issue it had no control over what the school did after you completed your class. Therefore, you have no recourse against the financial institution, and you must continue to pay your student loan.

This does not mean you may not have other available options. You need to read the contract you had with the school, and see what your options are. Consult a lawyer in your area for more information.

you may defer your student loans with the help of enrolling in school, or declare a worry alongside with can no longer come across a job and your quite are looking. Your loans could be discharged alongside with permantely disabled. despite if, no longer paying back your pupils loans purely on the grounds which you do no longer desire to pay it back would not fly. think of of it like this, somebody provides hundreds of greenbacks to flow someplace, at a low interest, provides countless the rationalization why to hold off fee, and then does no longer ask for money until you u supply up giong to college., and you do no longer desire to pay it back on the grounds which you purely do no longer desire to? looks selfish. i'm tremendously specific in case you gave somebody 10 money, you will possibly desire it back, so why no longer 10 hundred heh? additionally, no, you nonetheless owe those loans despite in case you go in another u . s ., that promissary notice is legally binding, and is renowned outdoors u.s.. Your lenders might jus tput you default, and then smash your credit for an somewhat a protracted time. temporarily, come across a job, and a minimum of attempt to make reliable on your promise.

If you can build a case against the school and win, perhaps the school (or ex-school) can pay your debts or portions of it. But as far as the debt, it is between you and the creditor. Unless the school was the creditor (highly unlikely), you will have to pay back your loan.

Its like buying a car. Lets say the car turns out to be 100% different from what you were expecting. But it doesn't matter since you are still expected to pay the car loan.

It's safe to assume that the company that gave you the student loan and the school in question are not the same entities. So how is it fair that you don't have to pay back the company that lent you the money to go to school because the school shafted you on their end? You still have to pay back that money. You could see what happened to the previous school and see if you can get a refund (to apply to the loan), but you still have to pay for your debts even if life gives you the poo end of the stick.

Student loans are like herpes - If you've got 'em, they ain't going anywhere.

They're the ONLY financial debt in the US you can't declare bankruptcy for. That's no accident...

Play your cards right and vote for Obama and all these things will be added to your plate.