Sunday, July 17, 2011

Can student loans lenders come after retirement savings, either now or at the point of withdrawal?

I have a friend with over $150,000 in student loans, unemployed and in his mid 40's. To me it seems pointless trying to pay it off if he could save some money for retirement, use these savings in retirement and still have the loan at death. He does not own a house or any tangible property.

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