Talk:Private student loan (United States)

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There needs to be a section discussing whether private student loans in the US can ever be discharged, and if not why not. I do not believe that they can be discharged for "Total and Permanent Disability," as can federal student loans. I do not believe that they can be discharged in bankruptcy, either. Is this true? If so, there must be horror stories of blind debtors in wheelchairs and debtors on their deathbed being pursued by collection agents: this sort of undue hardship would be very important to note. rumjal 19:32, 15 January 2008 (UTC)

History should be renamed

The "history" section doesn't really have any information about the history of private student loans. Instead it's a mostly unrelated comparison between current and recent private student loans and mortgage loans. It also sort of implies (inaccurately) 1) that private student loans didn't exist before 2001 and 2) that before 2001 the cost of education never exceeded available taxpayer-subsidized and -guaranteed loans. A section with some information (and citations) about private lending used to finance educational expenses would be interesting and appropriate for that section. I don't really know much about that history of private education lending, but I suspect that it existed long before 2001 and that, even further back, private loans for education (whether or not they were called "student loans") were made with other family members (e.g. parents) co-signing the loan or providing collateral. Freedomfan (talk) 05:25, 22 June 2011 (UTC)