Lawrence Said:

MArried filing separately to avoid entire refund to offset wifes student loan default?

We Answered:

You don't have to file separately, but that is an option. Another option (which can take longer, but gets both of you more money back if you are due a refund) is to file as an injured spouse (form 8379). That way, you can still get the tax benefits of filing jointly, but only her share of any return would be taken- not yours.

Hope that helps. :0)

Clyde Said:

Is there student loan default forgiveness?

We Answered:

Student loans can not be forgiven unless except under specific situations. You die, you become disabled, the school closed before you could graduate, and a couple of others I'll link later. This is federal law, so if you want the law changed, I'd definitely write your local and state reps.

However they will not be able to help your more immediate situation of having a defaulted student loan. Best make small payments (every little bit helps) to start bringing down the balance because a small loan that long ago will have a ton of interest added onto it. Eventually they'll catch up to you and garnish your wages and take your income tax returns.

Kathleen Said:

Can Tax refunds be taken to offset a student loan ind default?

We Answered:

Yes! Yes! and they will.