Marcia DeOliveira-Longinetti, who was able to get the remaining balance of her son’s federal student loans written off after he was killed, but could not do so with a New Jersey state agency, in Manahawkin, N.J., June 22, 2016. Called “state-sanctioned loan-sharking” by a bankruptcy lawyer, the program’s aggressive collections and stringent rules can easily mean financial ruin for borrowers.
Marcia DeOliveira-Longinetti, who was able to get the remaining balance of her son’s federal student loans written off after he was killed, but could not do so with a New Jersey state agency, in Manahawkin, N.J., June 22, 2016. Called “state-sanctioned loan-sharking” by a bankruptcy lawyer, the program’s aggressive collections and stringent rules can easily mean financial ruin for borrowers. MARK MAKELA NYT
Marcia DeOliveira-Longinetti, who was able to get the remaining balance of her son’s federal student loans written off after he was killed, but could not do so with a New Jersey state agency, in Manahawkin, N.J., June 22, 2016. Called “state-sanctioned loan-sharking” by a bankruptcy lawyer, the program’s aggressive collections and stringent rules can easily mean financial ruin for borrowers. MARK MAKELA NYT

Being murdered is no reason to forgive student loan, New Jersey agency says

July 04, 2016 10:36 AM

Comments

More Videos

  • Banned books that shaped American literature

    A Mississippi school district removed "To Kill a Mockingbird" from the 8th grade curriculum. The novel is included on the Library of Congress "Books that Shaped America" list along with other controversial titles. This is why so many of America's greatest novels have been banned.