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Can someone be sent to jail for defaulting on a student loan

  Broadcast in Finance

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If you take out loans that the lender can show you never intended to pay, then the crime is not that you're not paying, the crime is that you took out the loans with the intent to defraud the lender.

http://answers.yahoo.com/question/index?qid=20080716192652AAgPCNU

 

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