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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”

Dear Daniel,

Am I safe in assuming these are private student loans and not government backed student loans?

Please post your responses and follow-up messages to me on this in the comments section below.

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Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

3 Comments

  • Hi
    I owe money to georgetown university  for registration I was not on studnt loan,I paid myself.It was around 5000,they  sent it to Williams and fudge ,inc .I asked this company several times ,If I can pay gradually,but they don’t accept.
    It is doubled close to tripled.
    First I wonder ,where can I find the rules about debt ,Second ,Is this legal? third how can get rid of it?
    Thank you.
    A

  • Hi
    I owe money to georgetown university  for registration I was not on studnt loan,I paid myself.It was around 5000,they  sent it to Williams and fudge ,inc .I asked this company several times ,If I can pay gradually,but they don’t accept.
    It is doubled close to tripled.
    First I wonder ,where can I find the rules about debt ,Second ,Is this legal? third how can get rid of it?
    Thank you.
    A

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