CSN says contacting the agency can lower the chances of someone's debt going into collections.
CSN says contacting the agency can lower the chances of someone's debt going into collections. Credit: Jessica Gow/TT

Student debt often goes into collections unnecessarily

0:58 min

A CSN (National Board of Student Aid) review found that 86,000 people who had trouble paying back their student debt last year were referred to the national debt default agency - but in more than 40% of those cases, that might have been avoided due to the debt-holders' financial circumstances.

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