Well, on some level, if you don't have a job and you had no cosigners then there isn't much that a loan company can do to force you to repay your loans. Intere

Well, on some level, if you don't have a job and you had no cosigners then there isn't much that a loan company can do to force you to repay your loans. Interestingly enough, they can't garnish my contractor work because I don't have an employer (and you also don't pay you SE taxes ahead of time). It's a terrible idea to pursue that too far (or at all), of course; you really can't discharge these debts by any means other than paying them. So while it's possible to put off paying these loans and I've done it for periods of time, I still pay off my loans, not out of a love of banks but out of a sense of self preservation :D