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  1. #1
    Join Date
    Mar 2008
    Posts
    1

    Default Student Loan Default

    I borrowed money out of the NDSL thirty years ago. I defaulted and set up payments. Out of the blue, the Fed demanded the principle, interest and penalty fees in a lump sum. (Maybe I missed a payment, but I don't think so). After several dunning letters, I noticed a space on the back to record name and address changes. I told them I had changed my name to Michael Jackson and lived at 345 Medgar Evers Blvd. I never heard from them again. That was at least 15 years ago.
    Now I want to go to graduate school. Every school requires the FAFSA. But when I fill one out, the report comes back that my name and Social Security number don't match. Therefore I am ineligible, not just for Federal aid, but usually also institutional aid.
    Question: How can I SAFELY resolve this? Will I be imprisoned for fraud? I know there is no SOL for student loans, but what about a fraudulent action such as I committed?
    Thank you.

  2. #2

    Default Re: Student Loan Default

    Quote Quoting jevvie
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    I told them I had changed my name to Michael Jackson and lived at 345 Medgar Evers Blvd. I never heard from them again. That was at least 15 years ago.
    Blah, don't worry about graduate school. I am sure not going is worth the laughs you must have had over the years due to the shenanigans.

  3. #3
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Re: Student Loan Default

    Have you tried contacting the Social Security Administration about the mismatch?

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