<p>So what? If you defaulted on a loan to me, I, too, would sue.</p>
<p>
Nice catchy headline but obviously misleading.</p>
<p>There was a thread on this a few weeks ago.</p>
<p>If people don’t repay their Perkins Loan to a college, that same college has one less current student who can receive a new Perkins Loan. This system is different from other loans. If you can’t make the payments, don’t take on the debt.</p>