<p>^^^ In both of those cases, the college is owed the money directly. There is no loan involved.</p>
<p>In the OP’s hypothetical case, they do not owe the school money, so why would the school not release a transcript? Why would the school care if they defaulted on someone else’s loan?</p>
<p>It would be the same as if the school wouldn’t release a transcript because I didn’t pay my car loan.</p>
<p>Unless there is some Fed regulation that requires this of the school.</p>