Question

Which of the following is not true if you default on a student loan?
You may be taken to court and have to pay all fees,
You may not be eligible for additional financial aid for future studies,
Your tax refund may be withheld,
You will have your passport taken away

Answer 1

Answer:

you will have your passport taken away.

Explanation:

Out of the available options, the one that is not true is that you will have your passport taken away. A passport is a citizenship right and will not be taken away due to dept, bankruptcy, or student loans. The main reason for a passport to be taken away is due to criminal activity, which does not apply in this scenario. The rest of the options can occur, even being taken to court if you have not paid any part of your student loans for a very long time.