Quick question...If someone is in default of a student loan, does that affect the ability to get licensed? I live in NJ, and I will be graduating in December, and I was reading the application, and there is a question where it asks if you are in default in regard to any student loan obligation...
Furthermore, it goes to say that one must obtain documentary evidence that an arrangement has been reached with the bank or entity that issued the student loan, for the eventual payment of the loan...it says that "you will not be able to obtain a license or certificate unless you provide the required documents concerning the plan for payment of your student loan".
I have paid my way through nursing school
, right out of my own pocket, so I have no loans for this period of time. However, prior to that, i defaulted on a loan because i just couldnt pay for it (which was one of the deciding factors to get a well paying job, so that i could clean up my credit).
What do you guys suggest? I was originially inclined to check "no" on the box, because I assumed that it was only related to my nursing school. Do you know of anyone that was issued a license and had defaulted on previous loans?
I'd appreciate any input. Thanks.