Quote:
Originally Posted by ak1728
Yes, the plan was always to go back to school and we have requested our families to help us. Also, we are paying for her education entirely from my savings. The idea is when she starts earning that money goes back into our savings.
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I guess I don't know why you are concerned about her defaulted loan then, if her parents are willing to pay for her schooling in the U.S., but not help her repay her defaulted loan from her education in India.
So, this loan in India will never be repaid then? Does it get dismissed after a period of time? How do you plan to repay it?