Tag Archives: student loan default
- One of Every Four Student Loans is in Default. National Economic Crisis Boiling.
For many, many years now I’ve been the chicken little saying the sky is falling when it comes to student loan debt. Ever since the bankruptcy code was changed to prohibit the discharge of student loan debt, both government and private student loans, a national crisis has been building pressure. Student loans are looked at [...]
- Negatives on Credit Report from Student Loans
I have negatives on my credit report (CR) from two types of debt. Nine of the negatives are from student loans that I thought were in deferment but where not. Once I found out I made a payment to bring the loans current and now currently in deferment. The other negative is from cancellation of [...]
- I Enrolled in Everest University In Tampa But Didn’t Finish. – Kristin
“Dear Steve, I enrolled in Everest University In Tampa Florida In November 2007. Due to family financial problems and an unexpected death I was unable to finish. With the job that I have now I am just making ends meet. I have however started a small savings account in hopes of saving enough money to [...]
- I Had No Idea I Was Selling My Soul When I Signed for the Student Loan. – Leslie
“Dear Steve, I graduated from college in 1995 with approximately 40,000 in debt. Unfortunately, I haven’t been able to pay it off and they went into default. The loans were sold repeatedly and all sorts of fees were tacked onto the balance. My student loan debt now exceeds $107,000. Would someone like me be eligible [...]
- My Old Student Loans are Holding Me Down. – Sharon
“Dear Steve, I took a quick, 9 month accounting course back in 1998, but through lack of employment, and neglect. the student loan for which I took to pay for the course has been in default for most of the past 11 years. After completing the course in which I maintained a 4.0 gpa, I [...]
- What Can I Do to Get My Federal Student Loan Out of Default? – Ian
“Dear Steve, I have a federal student loan which has been in default for well over a year. The debt collection agency is calling and threatening to garnish my wages; I obviously do not want this to happen. I would like to get my loan out of default so I can take advantage of all [...]
- I Have No Debt But My Student Loans Are Hurting My Credit Score. – Maria
“Dear Steve, Currently trying to buy a home Fresh Grad 1st year New Hire Paid off all debt–except for student loans ($40000) I have been working very hard at imporving my credit since I have obtianed a job in healthcare fresh out of college (’08). I was at 619 and was enrolled in classes this [...]
- Lauren is in a Fabulous Foreign Country and Can’t Afford Her Student Loans
“Dear Steve, Okay, I am currently a grad student in a foreign country which is cool and wonderful and educational and definitely worth the money. However, it’s costing me money. I currently have a $77,000 price tag in student loans and would like to reduce this amount. Because I am overseas it is very difficult [...]