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Home > Tag Archives: Income Based Repayment Plan

Tag Archives: Income Based Repayment Plan

I Am Terrified I May Have to Pay Taxes on My Forgiven Student Loan Debt. – Elizabeth

worry

“Dear Steve, I am 27 years old and have a Master’s Degree in Social Work. All of my loans are government loans (no private loans). I accrued all of my debt (approximately $89,000) in graduate school. As a social worker, I do not make much per year and have consolidated my loans and am on the income-based repayment plan, paying ... Read More »

The Ultimate Guide to Dealing With Student Loans You Can’t Afford

Thinking

More and more student loans are becoming the most problematic debt anyone can own. At some point in the past couple of decade student loans when from a leg up to financial slavery. There is a lot of information out there about how to deal with troublesome student loan debt and payments. But I thought I’d put together the ultimate ... Read More »

My Student Loan is Almost 30 Years Old and I’m In Collections. – Dawn

justball-144x125

“Dear Steve, I currently have a student loan that is 27 years old. I was 17 years old when I was offerred this loan, and really unaware of the rate of interest, penalties, etc. I divorced from my husband at the age of 19 (due to the fact that he was physically abusive), and in the divorce decree, it was ... Read More »

Is It Illegal For Me to Have to Pay More Than Half My Monthly Income to Student Loans? – Kandyce

justball-144x125

“Dear Steve, I graduated from four years abroad in 2009 with about $180,000 in Private Student Loans with Sallie Mae. On top of my federal student loans and loans sold to the Department of Education, I am currently paying almo0st $1100 a month, on a “2 year, interest only” repayment plan. Sallie Mae’s only other options for me after hours ... Read More »

Is Obama Really Writing Off Student Loans? – Cristina

justball-144x125

“Dear Steve, Thank you for your help. I think it’s great what you are doing! I received a phone call from Sallie Mae today that my student loans are due for re-payment. I always thought that I would be paying about $300.00 a month, but it’s actually $732.53. I am currently unemployed. But, private loans, the Representative said, doesn’t matter ... Read More »

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