Defaulting On Student Loans Affects More Than Your Credit Score
Georgia leads most of the nation in average student loan debt. Nearly 1.5 million Georgians owe an average of $30,000 in federal student debt.
Defaulting on student loans hurts more than your credit score; it can also result in losing your professional license. In more than a dozen states, including Georgia, your license can be seized if you don't keep up with your loan payments.
We talked with Debra Curry, a college graduate and Georgia registered nurse who nearly lost her ability to practice because of this law. We were also joined by Stacy Cowley, a finance reporter for The New York Times.