My 17 year old minor son got a stafford loan for college on his own without any cosigner.?

Question

The money has been disbursed. How is this possible. I didn't think minors could enter into a contract. Is there an exception in the law for stafford loans? How can they get him to repay it? Will the courts enforce a contract with a minor in this case? Please don't answer if you don't know. Please don't guess.

Answer 1

 

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Answer 2

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