Two Resources to Help Your Students Understand the Consequences of Default

Homer Simpson once called default, “The two sweetest words in the English language.”

We’re not sure what dictionary Mr. Simpson had access to, but we are committed to helping student borrowers avoid the life-changing consequences of default. Through our resource library, we offer materials to help students understand the severe ramifications.

These resources include:

• Understanding Delinquency and Default: A summary of delinquency, default, and the serious consequences that can result. (Also available in Spanish.)
• Avoiding Delinquency and Default: Details on four methods student borrowers can use to contact Nelnet if they are struggling with their student loan payments.

Default is not two words.

It’s also not sweet.

But, it’s something we can help students avoid. Check out these financial literacy resources, and many more, at our library.

Derek Larson, Proposal Writer, Nelnet