I graduated from college in may of 2010 with roughly a 100,000 dollars of student loan debt. I have deferred my fedeal but as for private they wouldnt let me do so. So now its on my credit and i cant pay because i have no job. First question is how can i reduece this debt. My second issues iswhen i graduated i was commissioned as a reserve officer in the army because i was in ROTC. ROTC gave me a 2 year scholarship for fall 2008 til spring 2010 or thats what i thought i signed up for. So when time for graduation, i had to financially clear before i walked across the stage. I did and i received both of my degrees. but at the start of the new school year for fall 2010 i receieved a letter stating i owe 8,999.50 for fall semester 2008. I cant get my transcripts which are preventing me from getting a job or going back to school. I contacted the school registrar who then told me to contact ROTC. I did and they say my contract was for Spring 2009 to fall 2010. meaning i wasnt suppose to graduate until the fall. I told them that means the contract is not valid because they only paid out a year and a half. They say it is you just finished early. tired of going back and forth in how they screwed me i want to know how do i get this paid for because clearly i dont have the money , i have called cadet command, and i cant take out any more loans.
I admit it is confusing that it appeared you did not owe any money when you graduated but then retroactively received a bill from two years before.
Does the school show payments made on your behalf after the missed fall 2008 semester? Do you have a copy of the contract that covered you for fall 2008 with ROTC?
ROTC did not apparently cover your full tuition did they? Otherwise, what’s the $100,000 from?
What college did you attend?
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