When you borrow money for your education, you sign a promissory note legally obligating you to repay the loan according to stated terms and conditions. When the time comes for repayment, usually after your education is complete, meeting your student loan obligation promptly helps you earn a good credit rating, which follows you throughout your life.
You can estimate your loan payments by clicking here.
If you don't repay your loans, you will suffer serious consequences:
Remember, you must repay your student loans, EVEN IF: