Tag Archives: sallie mae
- Who Can Sallie Mae Get Away With Not Following Direct Loan Rules?
I am confused on how Sallie Mae gets away with this. My Sallie Mae loans is considered a private loan, so why am I unable to declare bankrupt on it? If they are a true school loan then won’t they allow me to have income based payback option? Why don’t they have to follow the [...]
- I want help to sort through all of it and don’t know where to turn. – Whitney
I am 32 mother of two and was just let go from my teaching position. My question revolves around financial aid. I feel like I can’t find any information about how to handle my financial aid debt. I want to find a credit counselor to help me consolidate my loans but am having no luck [...]
- Is there a way to get student loan forgiveness if I became disabled during my last year in school? – Jade
I have an autoimmune disorder called Lupus, and during my senior year in college, I had a massive flare-up that hospitalized me for 7 months, to the point where I needed chemotherapy! I was released, but suffered from Transverse Myelitis, which is a neurological disorder, caused by inflammation of the spinal cord. I now struggle [...]
- I Have Salie Mae Loans That I Need to Stop From Defaulting. – Kristen
I have about 48,000 dollars in student loans from Sallie Mae. I tried a bit ago to lower my payments or get some sort of relief from them–to no avail. Of course I began missing payments, so it’s been a year and now they are attempting to default and garnish my wages (I just got [...]
- Should Colleges and Universities Be Held Accountable for Private Student Loans They Pushed?
“Dear Steve, I’m 28 and graduated from a private college in 2007 with a Bachelor’s Degree in English. Im about 80k in debt and making $9.25 an hour as a daycare teacher. I am married; my husband makes $11.00 an hour. We have a two year old, rent a house, in the hood, for $600 [...]
- Georgetown University With Old Student Loan Debt
“Dear Steve, Georgetown University professor with $11,000 balance with Sallae Mae dating back to 1993–so I am beyond the 20 year period. Do I qualify for debt forgiveness for the balance? Daniel” The Answer: Dear Daniel, Am I safe in assuming these are private student loans and not government backed student loans? Please post your [...]
- I’ll Pay 36 Years on My Student Loan Debt. Will the Obama Student Loan Program Help? – Sandra
“Dear Steve, I’m 47 years old and have been paying back my student loan for 24 years. At some point, I consolidated my loans with Sallie Mae. It’s categorized as UNSUB; however, I’m pretty sure some of the loans were, in fact, subsidized… but I guess that’s irrelevant. There have been times I’ve gone into [...]
- How to I Get Obama Student Loan Help for My Sallie Mae Student Loans? – Jo
“Dear Steve, I took out a student loan–a federal loan–in 1991 for $6000 at 8%. Due to a long series of financial setbacks, unemployment, a divorce, yada, yada–I now owe over 13K and it’s 20 years later. My loan now belongs to Sallie Mae. I am a single woman, 51 years old, no kids in [...]
- I Missed my Sallie Mae Student Loan Payment. Can They Lower My Payment? – Jo Alice
“Dear Steve, Got loan from Sallie Mae – private student loan I have not been able to paid my student loan since the monthly due amount is higher than expected (almost my whole paycheck) My account is in default right now. I have several loans from them-different amounts. Some of them are in a collection [...]
- My Sister Died and Owed Sallie Mae. My Other Sister Co-Signed. – Arthur
“Dear Steve, My sister (Annemarie) had a Sallie Mae Loan in the amount of around 78,000.00 dollars for education. My younger sister (Diane) co-signed the loan. On 16 May 2011 my sister Anne passed away. I sent a Certificate of Death to Sallie Mae, thinking this would clear the debt, instead they assigned the debt [...]
- I Went to a Private University on Sallie Mae Loans. I Can’t Afford the Payment. – Aline
“Dear Steve, I went to a Private University and took out a loan from Sallie Mae. They are asking me to pay back almost $1,000 a month … money i physically do not have and cannot afford to give. I told them i was willing to pay $300 a month, while it would still put [...]
- What Government Grants or Student Loan Forgiveness is Available for My Sallie Mae Student Loans? – Trina
“Dear Steve, I am 41 years old. I started repayment on consolidated student loans through Sallie Mae 15 years ago. They have been sold to a different company at least once, I have deferred them several times but have never paid more than minimum amounts. I have mostly worked part time over the last 13 [...]
- How Can I Settle My Sallie Mae Student Loan Debt? – Roxanne
“Dear Steve, Have consolidated Federal Student Loans in 1999. Was locked in at 7.5% interest rate. One of these loans is a Federal Subsidized and other is Federal Unsubsidized. I have been current on my loans and my balance is over 80,000. I would like to know how I can get them to take a [...]
- Sallie Mae is Garnishing 15% of My Wages. – Derek
“Dear Steve, I graduated college in 2007 with a mountain of student loans. I had three sets of loans, one large chunk through Sallie Mae amounting to around $52k, and two private loans amounting to about $10k each. I had an agreement with Sallie Mae to defer those loans for a year after they were [...]
- Can Sallie Mae Garnish My Social Security? – Pam
“Dear Steve, I have no taxable income I receive VA compensation for being 100% disabled and Social Security can these benefits be garnished for the debt, and if so once my benefits are garnished am i stuck paying forever and this kid gets away scott free? Do I have any options, like suing him or [...]