LocalSYR

Loan companies back down from hounding couple whose son was killed by a drunk driver

Two student loan companies that had been badgering the parents of a Central New York native who died in a drunk driving accident have backed down.
Syracuse (WSYR-TV) – Two student loan companies that had been badgering the parents of a Central New York native who died in a drunk driving accident have backed down.

Andrew Prior was a Bishop Grimes graduate. He was 23 and living in Boston after graduating from Northeastern University when he was struck by a car driven by 25-year-old Colin Ratiu while riding a scooter more than two years ago.

According to Senator Chuck Schumer’s office, the American Education Services and Education Investment Finance Corporation hounded the young man’s parents – David and Rose Prior – regarding a student loan.

Schumer took the companies to task during a press event on Wednesday, Feb. 20, demanding that they forgive the debt.

The Senator noted that it is common practice for Federal loan services to forgive loans under such circumstances. However, private loan companies do not have a similar obligation.

Ratiu was sentenced to five years in prison in 2011.

Page: [[$index + 1]]