Thank you for using JustAnswer!
Did anyone co-sign on the loans?
Most student loans are unsecured debt because the student doesn't have other property to use as collateral (e.g., a house, property, etc.).
If the loans are subsidized by the government, your son is stuck with them. Maybe they will offer interest-only payments.
If the loans are not tied to the federal government, if nothing else, you son could explore his options in filing for bankruptcy and having the loans discharged.
As a general matter, student loans cannot be discharged in bankruptcy but it can depend upon the loan.
As for the harassing phone calls, yes, they are harassing and there's nothing you can do to get them to stop unless the loan is paid or there is a bankruptcy filing.
Good luck and best wishes for better days ahead. I hope that you find this information to be helpful and this answer to be ACCEPTable!
Attorney
Michigan lawyer who explains basic criminal, consumer, and contract-related matters.
I am unable to provide recommendations of private loan modifiers.
If your son is considering such services, certainly, he needs to do his homework and research what types of complaints have been filed with the BBB and the Federal Trade Commission.