I graduated in May of 2009 and secured a position within the hospital, expecting to have my loan forgiven. We have an 80/20 program.
Thanks to several hiccups, I've been told my loan was not forgiven because of start dates falling outside of their cut-off date.
I'm working on that part, but I have a few questions.
How long does an institution have before letting you know you owe them money? I found out about this loan nearly TWO YEARS after graduation, by way of a collections agency, ACS Campus Products. They sent me a letter on behalf of the hospital that it was time to start paying back my loan... ?!
Is this a school loan or medical debt? I'm told to make payments to the hospital, and I have zero interest.
I'm interested in fighting this and settling if I can't, but I'm not sure what repercussions that entails because I can't figure out what kind of loan this is.
The bills say "Institutional."