Briefly, I have a loan with a University and the loan defaulted. I wondered if anyone knows if this "private" loan is subject to the same standards as federally backed student loans, i.e., rehabilitation, no SOL on reporting, carte blanche for CA? I've tried to negotiate with the school (who reports to CRA), but they refer me to the CA; and in turn the CA (who does not report), refers me back to the school and that this type of loan is not eligible for rehabilitation. How would this loan be classified - as a student loan or a private loan? I've been making payments to the collection agency since Feb '01. Do I have any way to negotiate this or am I stuck. BTW, this loan was initiated in 1987!