What happens when a student loan is cancelled due permanent disability, but the student is rehabilitated?
dressed_2_kill_2008 asked:
When a guaranteed student loan is discharged and later cancelled due to what is considered a total and permanent disability but many years after the cancellation of the loan the individual is rehabilitated and able to return to the workforce with the necessary aid and support for their disability what happens to the student loan? I’ve been told that once a loan is cancelled it no longer exists, and I’ve been told that if the individual is able to return to the workforce the loan is reinstated. Which, if either, is correct? What is the answer? (I’m talking about in Oklahoma.)
I can find plenty of links, just no answer. Please don’t leave a link, if you don’t know then you just don’t know.
