Woman Faces Struggles with Student Debt Default
Reading
Ashley Dreahn's life did not go as she had planned. She took out more loans for a new job, but it did not happen.
Ashley thought her student loans were gone after bankruptcy. Later, she learned she still owed $94,298 and was in default.
Many people across the country are now defaulting on student loans. This happened after loan payments started again in 2024.
Not paying loans for nine months leads to serious problems. It can harm your credit and the government can take money.
Ashley borrowed money for college but did not understand loans well. Most student loans cannot be cleared in bankruptcy easily.
Questions
What did Ashley do for a new job?
She took out more loans.
How much money did Ashley still owe after bankruptcy?
$94,298.
What happens if someone does not pay loans for nine months?
It can harm your credit and the government can take money.
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