Will I Be Able to Get a Passport With Student Loan Debt?

Question:

Dear Steve,

I co-signed a federal guaranteed student loan for my son over 15 years ago. Just found out he has not paid a dime on it , now they are coming after me for it.I am going to pay this off, but it will take me some time.

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Can the government stop me from getting my passport or my social security before I pay this off?

Debra

Answer:

Dear Debra,

I’m not aware of how that could impact your ability to get a passport. But if you owe federal dollars and don’t come to a suitable repayment plan, it could lead to a tax refund intercept or Social Security garnishment. But it is relatively easy to stop the garnishment. Read How to Easily Stop a Social Security Wage Garnishment.

Just get in an income driven repayment plan for the federal loans. See The Ultimate Guide to Dealing With Student Loans You Can’t Afford.

 Sincerly,
 Steve

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