Student Loans

Navient is Reporting Me Late Even Though I’m Repaying My Loans

raise_credit_score

Question: Dear Steve, I have about $100,000 in private student loans with Navient (formerly Sallie Mae) I was not able to pay on the the loans and the account went into default after about 7 months of missed payments. In March 2015, Navient offered me monthly payments of $250 at the interest rate of .001% until the balance was paid ... Read More »

    I’m So In Debt Because of Harrison College I Need Help

    paying_for_college

    Question: Dear Steve, Married, mother of 2, 34 years old. Recent graduate of Harrison College via online courses. Upon enrollment at Harrison, I was given the impression that all fees were on par with other area schools which was absolutely inaccurate. I was also never told of the limitations on loans for a bachelor degree, and had to quit before ... Read More »

      Will I Be Able to Get a Passport With Student Loan Debt?

      Passport with US visa and "admitted" stamps

      Question: Dear Steve, I co-signed a federal guaranteed student loan for my son over 15 years ago. Just found out he has not paid a dime on it , now they are coming after me for it.I am going to pay this off, but it will take me some time. Can the government stop me from getting my passport or ... Read More »

        How Can I Avoid My Federal Student Loan Wage Garnishment?

        Wage Garnishment Concept

        Question: Dear Steve, I am 26 with a daughter and a wife and a LOT of student loan debt. I have been paying my private loans on time and am up to date there but until just recently, I was unaware I had a federal loan in default that I was not paying. I failed to make a payment plan ... Read More »

          How Can I Get My Federal Student Loan History?

          American Bald Eagle on Flag

          Question: Dear Steve, All government loans taken out in 1980s. Owed about $30k at graduation. paid off about $20 then went into default. did not hear from them for many years. then in early 2000s recontact and I ended up consolidating now amount of about $60k. I want to check the accounting and get some hopefully knocked out and settle ... Read More »

            I’m Taking the Tax Benefit for My Father’s Parent Plus Loan

            Student Loan installment payment check paying back money owed in obligation for borrowed funding for college or university education

            Question: Dear Steve, I am in debt for around $100k from going to a private design school in Nebraska. I owe around $20k in Fedloans and $80k in Parent Plus loans that my dad signed for. I am paying I consolidated all of my loans as much as I could and opted for the lowest monthly payments possible. I pay ... Read More »

              Can I Just Say Goodbye to My Private Student Loans Under the Statute of Limitations?

              Sad Goodbye

              Question: Dear Steve, Thank you for providing a resource like this. My situation is rather mild, but the numbers are rather extreme. I have some federal student loans and 2 different companies for private student loans. I have $70,000 in student loans, and I am not able to find a job in my field, so I am only making $20,000 ... Read More »

                I’m a Teacher, Pregnant, and Trying to Pay Off Student Loans

                teacher_appreciation_week

                Question: Dear Steve, I graduated in 2008 with $8000.00 on a private loan through Sallie Mae, which has become Navient. This is a private loan company. I also have federal loans, but those seem to actually be going down, and I am eligible for teacher loan forgiveness on the federal ones. I am on income-based repayment through Navient, but after ... Read More »

                  They Said the Rest of My Student Loan Would be Taken Care Of

                  Hand holding magic wand with sparks attracting money from top hat. Success wealth trick lie deception fraud cheating magic fast money concept. EPS 10 vector illustration no transparency

                  Question: Dear Steve, I had a student loan. They say I owe them around 6,000 and said if I wait to pay it then I’m guessing my interest rate will go up and it will be hard for me to get another loan. Is this true? They claim that if I do a monthly payment 3 times of 200. The ... Read More »

                    Is It Possible to Use Debt Settlement for Student Loans?

                    Debt Settlement Advice

                    Question: Dear Steve, I’m currently dealing with $103K of private loan debt (plus another $23K in federal loans). My cosigner on two of my largest loans just ended a bankruptcy at the beginning of 2016, so those loans now have monthly payments due at around $1,000 together. I have been continuously paying a fourth private loan at $400/month cosigned with ... Read More »

                      How Can I Reduce My Student Loan Balance?

                      hiding

                      Question: Dear Steve, I have taken out loans to pay for college. Several of them are from Sallie Mae, which is now Navient. Over the past 20 months, I have been unemployed for 14 of them. I was initially laid off in Sept of 2014, and again in Oct of 2015 my 6 month contract ended with another company. I ... Read More »

                        My Ex-Husband Sued My Daughter Over a Student Loan

                        man terrifying woman

                        Question: Dear Steve, My ex husband co-signed a private student loan for my daughter through Wells Fargo. The loan was for 1 year of study at FIDM. My daughter was not making the payments. My ex husband who lives in AZ filed court papers against my daughter and received a judgement for almost $50,000.00 (including thousands in court/attorney fees.) My ... Read More »

                          How Can I Avoid paying Sallie Mae Loan as a Co-Signer?

                          whispering

                          Question: Dear Steve, My ex-fiancé wanted to take an online business course and he needed to take a loan so I co-signed for him and we got the loan through Sallie Mae, and we ended breaking the engagement last year, since the break of the engagement I have reached out to him via email to remove me as a co-signer ... Read More »

                            Can We Consolidate Our Parent Plus Loans and Go For PSLF?

                            student-loan-debt-680x430

                            Question: Dear Steve, Both my wife and I took out separate direct federal parent plus loans for our two children starting in 2010 and ending 2014. My wife loan for my daughter was 128K and I took out 150K for my son. I work in public service and my wife for private industry. Can we consolidate both loan balances into ... Read More »

                              I’m on a Fixed Income and Can’t Afford to Pay on Cosigned Student Loan

                              retirement

                              Question: Dear Steve, I co-signed for my son in 2008–payment were current until Nov 2015 when he lost his job. He has talked to them several time at Navient-Sallie Mae sold loan to them- now I am getting calls about 4 times a day, I’m retired on fixed income of appx $1150 month. They just tell me I have to ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.You can unsubscribe at any time with just one click.After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

                                I promise to keep your email safe and secure.