Marcia DeOliveira-Longinetti, who was able to get the remaining balance of her son’s federal student loans written off after he was killed, but could not do so with a New Jersey state agency, in Manahawkin, N.J., June 22, 2016. Called “state-sanctioned loan-sharking” by a bankruptcy lawyer, the program’s aggressive collections and stringent rules can easily mean financial ruin for borrowers.
Marcia DeOliveira-Longinetti, who was able to get the remaining balance of her son’s federal student loans written off after he was killed, but could not do so with a New Jersey state agency, in Manahawkin, N.J., June 22, 2016. Called “state-sanctioned loan-sharking” by a bankruptcy lawyer, the program’s aggressive collections and stringent rules can easily mean financial ruin for borrowers. MARK MAKELA NYT
Marcia DeOliveira-Longinetti, who was able to get the remaining balance of her son’s federal student loans written off after he was killed, but could not do so with a New Jersey state agency, in Manahawkin, N.J., June 22, 2016. Called “state-sanctioned loan-sharking” by a bankruptcy lawyer, the program’s aggressive collections and stringent rules can easily mean financial ruin for borrowers. MARK MAKELA NYT

Being murdered is no reason to forgive student loan, New Jersey agency says

July 04, 2016 01:36 PM

UPDATED July 04, 2016 03:36 PM

More Videos

  • Burglar dressed as the 'Grinch' caught on home security camera

    Los Angeles Police are searching for a man who was caught on camera breaking into homes in Studio City between November 28 and December 3, wearing a Santa hat and scarf.