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Tag Archives: drop out

James in the UK is Feeling Horrible About His Situation.

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“Dear Steve, I’m a student going into my second year and have got myself into a lot of debt. I owe £350 to a payday loan company (who are threatening me with bailifs) £244 phone bill (contract monthly £35) £240 for my first months rent on house I have no income whatsoever till I get my student loan in septemeber ... Read More »

    I’m Enrolled in a Credit Counseling Program And Thinking About Dropping Out and Paying Creditors Myself. – Wilder

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    Wilder “Dear Steve, I am enrolled in a debt management program( consolidation) for about 2 years and i am thinking to cancel my subscription and make those payments directly to the banks instead of through this consolidation agency. I wonder if the interest will go back high if I drop out of this program? I called a couple of credit ... Read More »

      I’m $211,000 in Student Loan Debt to Become a Lawyer. I Don’t Want to Be an Attorney Anymore. – Jacob

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      Jacob “Dear Steve, I’m a 26 year old male who is a third year law student. I have a significant amount of debt. I have 26K in personal unsecured debt, and $211K in student loan debt. The student loan debt was amassed from attending a private university for five years and three years of law school. While in undergrad, I ... Read More »

        I’m in My Second Year of Law School and Want to Drop Out. But What About My Loans? – Brad

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        “Hi Steve – I’m currently in my second year of law school and am really thinking about getting out. I’m worried about the roughly $100k in student loans I’ll have to start paying back though, not to mention living expenses and almost $9k in credit card debt I accrued as an undergrad. If I do drop out, I’ve considered going ... Read More »

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