Claim filed with government for insured portion of balance of loan...what does it mean?

By lacolem1
October 22, 2009 in Student Loans

https://creditboards.com/forums/index.php?/topic/414373-claim-filed-with-government-for-insured-portion-of-balance-of-loanwhat-does-it-mean/

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lacolem1

Posted October 22, 2009

Long story short, I have a old private, TERI (that ended up with AES) student loan that defaulted. I want to soon obtain a security clearance but I need some things clarified so I can make an informed decision regarding clearing this debt. If this is a private loan, where does the "government...insured portion" of the status come from? Is this now considered a federal loan (which would prohibit me from obtaining a clearance)?

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