Student Loan Default – With Chuck Criss

Chuck is a Warranty Administrator with a major company. As a teenager education has always been a strong standpoint in the household.He believes that education is needed to get you where you want to be in life.

In this episode of Higher Education Advocates Podcast:

03:22 - Brief definition of default.

04:15 - Chuck tells us about his education background.

07:58 - How Chuck loan doubled after he completed his education.

09:33 - Chuck tells us his process of paying student loans.

15:31 - Establishing a repayment plan with the lender.

18:01 - How and when Chuck ended up with a loan default? 

19:51 - Chuck tells about wage garnishment.

23: 55 - How loan rehabilitation works and how did Chuck make use of the program.

28:55 - Chuck is out of default and sharing he’s new repayment and what are his processes.

30:57 - Chuck piece of advice for everyone who is having problems with student loans default?

31:28 - Chuck shares about the penalties and interest that occurs for his loan default.

32:56 What are the comments Chuck can give to legislators in regards to student loans?

Theresa Harris

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