Latest Posts

Sallie Mae

I Am a Lawyer With Sallie Mae Loan Debt. Help! – Scott

debt

“Dear Steve, Public interest lawyer 250k in student debt 6k in credit card debt 8k in private credit loan from sallie mae I have a Sallie Mae loan through their private credit department. I used this loan for living expenses while I took the New York bar exam this past summer. Is this the type of loan that you wrote ... Read More »

The Stress From Sallie Mae is Abusive. – Sue

college-class

“Dear Steve, My 28 year old daughter Laurie has incurred over 160,000 in student loans with Sallie Mae. They are relentless and even at times harassing her for payment. They are wanting over 900.00 per month which she is not able to do at her job as a vet tech making 15.00 an hour. She tried moving out for the ... Read More »

My Private Student Loans with Citibank and Sallie Mae Are a Mess

student loan debt

“Dear Steve, I am currently in student loan repayment. I have consolidated my federal loans, but my private loans are a mess. I had 4 through Citibank, but 2 of them were “bought out” by Discover. So now I have 1 monthly payment for my federal loans and 2 monthly payments for my private loans. I also have another private ... Read More »

Sallie Mae Won’t Counter My Settlement Offer. – Lauren

Student Loan Corkboard Concept

“Dear Steve, I have Sallie Mae private student loans ($25,000 or so original loan was $11,000 or so) taken out back in 2004 for Culinary School, Have used all deferment and forbearance and have had quite a bit of being unemployed since, but I have a more stable job now and was trying to work everything out — it has ... Read More »

You Mean My Flight School Student Loans Can Be Eliminated in Bankruptcy? – Scott

Pilots in the cockpit during a commertial flight

Huffington Post Reader Question Dear Steve, Student loan debt can’t get out of it and have filed bankrupt 6 yrs ago and included it in but wasn’t able to get rid of it it’s a private student loan I was able to discharge my sallie Mae student loan but not my MRU student loan. MRU filed bankruptcy and now I’m ... Read More »

My Student Loan Debt Collector Won’t Listen to What I Can Afford to Pay

terrifying man

“Dear Steve, - I graduated college in 2009 after using what seems to be 5 different loan companies; sallie mae, chase, AES and two I can’t even remember. I have spent the last few years digging myself out of credit card debt holes due to not finding a job for almost a year after graduation. All my credit cards are ... Read More »

Should I Use My Retirement Money to Pay Off My Student Loans? – Cynthia

process

“Dear Steve, I would like to know if I would be better off paying off student loans with a retirement plan disbursement from former employer I have about $26,000 in SallieMae student loans. I will be receiving a disbursement from a former employer for Profit Sharing and Money Purchase plans. I want to know if I would be better off ... Read More »

Is the Sallie Mae Class Action Lawsuit a Scam or Will I Get Money? – Vicki

single mom

“Dear Steve, I have student loans with Sallie Mae and was notified of a Class Action suit against them because of excessice cell phone calls to customers. I have my student loans with Sallie Mae (which are current and in good status) but was notified last year of a Class Action suit against them (Arthur et Al.v Sallie Mae). I ... Read More »

If I Kill Myself Will Sallie Mae Take My Life Insurance Money to Pay the Student Loans? – Sam

Desperate

“Dear Steve, Took out student loans at 8.5 % interest rate in middle 90′s to enable me to get Bachelors degree to be a teacher, have been making payments off and on since depending upon if I could afford them or not. Have used up all forbearances, etc…options, and am currently in about month 6 of a year long income ... Read More »

Can I Get An Income Based Repayment Plan for My $197K in Student Loans? – Ian

under construction narrow

“Dear Steve, Due to the poor financial planning of both myself and my parents, I financed my undergraduate education primarily with student loans. Even worse, I went to an out-of-state school with high tuition. After four years (and an abortive year in law school), I racked up about $197,000 in student loans. I know it’s an obscene amount. I have ... Read More »

How Can I Afford My Sallie Mae Student Loans in Retirement? – Nancy

retirement

“Dear Steve, I owe Sallie Mae about $62,000. I originally borrowed $45 in 1998 for graduate school all are subsidized student loans consolidated at 8.5%. I have been making payments since 1999 with some times of forebarence etc. I make OK money now and pay the loans of $571, but now I am retiring and will make so much less. ... Read More »

Everest Institute Did Not Help Me Get a Job in Medical Billing and Coding. – Ashley

Student Loan Corkboard Concept

“Dear Steve, I went to Bryman Institute in 2007 for medical billing and coding. While I was there they changed the name to Everest Institute which was a red flag to me but I was already in the program for a while so there wasn’t much for me to do. I successfully completed the program and got a job at ... Read More »

My Ex-Husband and I Consolidated Our Student Loans. I’m Still Paying. – Marie

Divorce

“Dear Steve, My ex-husband and I consolidated our student loans back in 2004. In our divorce in 2012, I am required to pay on the joint loans for 10 years then in reverts to him. He is currently paying individual loans of ours. He makes considerably more than I do (about $45,000/yr and I’m around $25,000/yr) and I am unable ... Read More »

I Was Scammed by the University of the Rockies. – Yolanda

College Tuition Expenses

“Dear Steve, Iam one of those scammed students who attended University of the Rockies at this time I am not sure who turn to next I reported this to the attorney general who referred me to the BBB. Who recieved the notice of my concerned with a removal and then a change to retest and take the comps test only ... Read More »

Can I Eliminate My Sallie Mae and Citibank Student Loans With Bankruptcy? – Kassandra

money down the drain

“Dear Steve, Situation * I have a Sallie Student Loan for 58577.75 and a Citibank Student Loan for 30960.30. I am a 26 year old female and my income doesn’t even cover my living cost. I live at home with my parents, still. My monthly payments are 622.68 and 297.20, respectively. That’s 919.88 per month. With both loans being deferred ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.