Tag Archives: teacher
- I’m a Teacher But I Can’t Afford My Toyota Camry Payment. – Sloane
“Dear Steve, I was a public school teacher until health problems forced me to quit teaching so therefore, I retired. The doctors have not given me clearance to return to work; so at the age of 61, I doubt that I will be unable to return. About six months before my health problems began, I [...]
- I’m a Teacher in Debt And Not Sure What to Do Next. – Colleen
“Dear Steve, After long and expensive divorce got a predatory mtg. Taxes are 12k month. Teacher not paid in summer and ran up credit cards due to high expenses over the years. Just stared making decent money but now have unsecured debt of approx 170k. Mtg of 406k. And can’t make ends meet even on [...]
- I’m a Teacher. How Can I Get My Federal Stafford Student Loans Forgiven? – Aimie
Aimie “Hi Steve, I graduated from ORU in 2007 with 72k in school debt. I have been doing volunteer work for a year and have now been married and moved to NYC. I am working in a private Christian school as a teacher for the 3rd and 4th grades making a salary of 20k. I [...]
- Substitute Teacher Lives in Shelter Instead of Paying Rent. – Tim
“Dear Steve, My Brother-in-Law is deeply in debt. He was laid off from work 6 years ago and hasn’t found a decent job since. He isn’t very smart when it comes to money and lived off his savings until it was all gone. He is now 60 years old, has several thousands of dollars on [...]
- I’m A Middle School Teacher And Not Saving Money. – Chris
“Dear Steve, Hi, I am a middle school teacher. I have 80K in student loans and 10K in credit card loans. I am trying my darndest to pay down the credit cards as fast as I can. I think (HOPE!) they will be paid off by the end of the next school year–May 2010. Then [...]
- My Husband and I Are Just Getting By and Now Have a Child on the Way. – Marisa
“Dear Steve, My husband and I have been married for almost four years. We are both teachers and make about 60,000 a year combined. During this time we have accumulated over 25,000.00 in needless debt. We own our own home, have one car payment and two student loans. We have tried to a make a [...]
- I’m a Teacher And Wonder if I Can Get My Student Loans Reduced for Teaching in a Title 1 School. – Victoria
“Dear Steve, I have been teaching at the same Title 1 school for more than 10 years. Both before and after October 30, 2004 (the date indicated in the forgiveness details), I have completed at least 5 years of teaching. About $70,000 of Stafford Loan debt has accrued because of enrollment in a Master’s and [...]
- I’ve Liquidated My Savings, Checks and CDs But I’m Still in Debt. – Jennifer
“Dear Steve, I currently have liquidated all my assets (savings, checking, CD’s) and have not tapped into my 401(k) yet. I am newly employed at a school district and make $32,275/year. I am now living paycheck to paycheck. My current debt is car loan of $10,943 at an interest rate of 5.5% and monthly payment [...]
- My Wife And I Are Teachers But Our Finances Are Failing. – Jon
“Dear Steve, My wife and I are both teachers. I just lost my job. We have a $310K mortgage on a home that is only worth $250K. The mortgage is a five year ARM that changes in December. We have about $45K in credit card debt and a $40K student loan. We can only make [...]
- Can I Legally Do Anything to Eliminate Some of My Crushing Student Loan Balance? – Mark
“Dear Steve, I borrowed around fifteen thousand dollars at eight percent in federal student loans to help pay for college. Four thousand was unsubsidized. That was many years back. I have been working as a substitute teacher, but only earn barely enough to survive. Sometimes I don’t even get calls to work. I have state [...]