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?
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