National student loan company defaults could benefit Jacksonville students and grads

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It's $5 billion in certain private loans that are in default, not federal loans, but students will have to vigilant to have that debt wiped away if they have the right private loan.

The headline - "private student loan debt could be wiped away" - broke nationwide Wednesday catching the eye of students across the country.

“If you don’t show up then there is a summary judgment against them which makes it where no matter the cost of the loan they are on the hook for it," Andrew said.