I was 1 year from my degree, when I dropped out to take care of a non-invalid , Alzheimers’ 93 yr. old Aunt. That was in 2008, at which time I was told she was on Hospice and only had 3 months left to live. Auntie passed away in March of this year. For the past 4 yrs. I have been a non-paid 24/7 caregiver. My student loans were at 22,000.00.; now with accured interest for forbearance, and hardship my loans are up to 47,000.00! I have no way to pay this back, as the job market is not a kind one. At the rate it is going around 500.00 per month in interest, I will never see the light of day. I am actually afraid to get a job for fear of garnishment. I am 55,unemployed and borderline homeless(living at a friend’s place temporarily).
What options do I have?”
Are the private student loans or government backed student loans?
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