Tag Archives: student loan debt

How to Manage Student Loan Debt

Count yourself among the privileged few if you finish college without accumulating a lot of debt. Unfortunately, the majority of college graduates have student loans to pay off. Depending on the amount of debt you’ve built up, you could end up forking over a portion of your paycheck for years, or even decades, after you [...]

Student Loans – People Speak Out About Drowning in Student Loans

Here is our latest video on debt. This time it’s all about the burden of student loans. Nothing says frustration like a lifetime of debt for a degree you never finished. @GetOutOfDebtGuy

Alex Went to Law School, Business School and is Now Buried in Student Loans

“Dear Steve, I went to both law school and business school. I dropped out of law school after a year and a half but borrowed a lot of money for that time since law school is quite expensive, especially for a private school. This pretty much set me back. Business school wasn’t as expensive. I [...]

I’m Supposed to Pay Her Student Loan But Can’t. – Stoney

“Dear Steve, I am on unemployment and divorced and in the agreement I had to pay her student loan. First off she said it was mine but I never had a student loan when I went to school . I have been unemployed for over 6 months and all the websites I have visited want [...]

I’m Going to Take Out a Student Loan to Go to Nursing School – Sandra

“Dear Steve, I am considering taking on a federal Stafford loan in order to go to nursing school at a private school. Tuition is $25,000-30,000. I am single, in my 40′s work full time. Should I pay the loan off ASAP, before acquiring any further debt? I want to get a house soon and don’t [...]

Medical Student Debt Leads To Thoughts Of Suicide and Burnout

Having worked for years in the medical field I applaud anyone that decides that they want to become a doctor. But I’ve met my share of people that seem to have become doctors for “the money” or who once they became doctors, wanted to do something else with their lives. Being a doctor is not [...]

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

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 [...]

We Owe $191,000 in Student Loans And I Need to Go Back to School. – Rob

“Dear Steve, Myself and my wife are both out of college. I went to a private university, big mistake as my mother tried to tell me, and now between the two of us we are about $191,000 in debt to student loans. Thanks to my grandmother, when she passed away she left me enough to [...]

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

“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 [...]

I’m Buried in Student Loan Debt and not Even Finished with School. – Levi

Levi “Dear Steve, I am finishing school right now after taking a two year hiatus. The problem is that I already have 60k in student loan debt and I am going to be pushing 75k by the time I am done. With the current crisis in our economy noone is refinancing or taking on loan [...]

I Need Some Advice and Referrals For Bankruptcy and a Debt Financial Counselor. – Georgina

Georgina “Dear Steve, I owe a total of about 130k in cc & student loan debt. Student loans account for 70k. not sure how to start repay or bankrupy. I’m just 2 years back in workforce now. I make 50k yr with room for increase near future. Help, overwhelmed I need some referrals for debt [...]