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If private student loans get the same protections as federal ones make them comply with the same repayment plans.

Created by M.H. on July 01, 2013

Current laws passed by congress has allowed private student loan companies to have the same protections from bankruptcy as traditional federal student loans.

However, congress did not make the private loan companies comply with ANY of the re-payment plans of traditional federal student loans.

Congress should require private student loan companies comply with federal repayment plans OR remove their bankruptcy protection.

Education
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