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Who pay's a defaulted studentThe student is responsible and if judgment is granted then they take money either from their pay check's or their income tax will be held for payment until debit is payed. So the student has either garnessment of wages or tax return's.....

In the US, a cosigner can be removed from a loan if the original borrower consolidates his/her loans in only their name. To get help with the consolidation of defaulted loans, click on the link at the bottom of this text box.

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โˆ™ 2011-09-13 18:20:22
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Q: Who is responsible if 2 people co-signed a student loan which the student defaulted on?
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