Navigating the complexities of student loan debt can be daunting, especially when considering the statute of limitations. Understanding the rules governing how long a lender can pursue collection is crucial for borrowers. This guide explores the nuances of student loan statutes of limitations, encompassing federal and private loans, various legal actions, and the potential consequences of exceeding these timeframes. We’ll clarify the differences between state and federal regulations, offering insights to help you understand your rights and options. The statute of limitations on student loans isn’t a one-size-fits-all answer. It varies significantly depending on the type of loan (federal or Read More …