Deck 39: Ethics Today: Should There Be More Relief for Student Loan Defaults?

Question 1

Maria borrows funds through the U.S.Department of Education (DOE)to pay for her education.She defaults on the loan.In some states​

A)any of the choices.
B)a lien can be placed on the debtor's real property to pay the debt.
C)the debt can be collected by garnishment of the debtor's bank account.
D)the debtor's professional license can be revoked.

Answer 1

A

Question 2

Lonny borrows funds through the U.S.Department of Education (DOE)to pay for his education.He defaults on the loan.DOE​

A)can keep the debtor's tax refund.
B)may garnish the debtor's paycheck without a court order.
C)might take the debtor's federal benefits.
D)any of the choices.

Answer 2

D