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No forgiveness with private student loans

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Last month, lawyers representing two providers of so-called private student loans — money for college not lent nor guaranteed by the federal government — were busy in local courts, seeking default judgments against allegedly delinquent borrowers. In Schenectady County, four lawsuits were filed in one day against a Niskayuna man, claiming he owed a combined $81,000. In Greene County, three complaints were lodged on a Friday against an Athens woman; the following Monday, three more ...

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