If your loan will become delinquent, any taxable portion of the remarkable harmony and accrued interest is going to be addressed as taxable cash flow via the IRS. In case you’re under age 59½, you will have to pay an additional early withdrawal penalty tax. See “Early Withdrawal Penalty Tax” https://studentloanforgiveness99990.bloguerosa.com/27264956/5-essential-elements-for-loan-usury