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Student Loans

Can I Not Pay My Private Student Loan With a Cosigner?

A businesswoman thinks and does the questions

Question: Dear Steve, I paid my undergraduate degree completely in loans, some federal, most private. The private loan companies include: Discover student loans and Wells Fargo. My loans are sum total of 70,000. I want to go back to graduate school but I’m terrified of getting into more loans. What do you suggest for lenders who have cosigners? Claiming bankruptcy ... Read More »

    AES is Not Willing to Help Me With an Affordable Private Student Loan Payment

    Young stress woman

    Question: Dear Steve, Several years back my married daughter had been working and due do the economy had been losing many jobs. She decided to go back to school to hopefully get a better job. Of course to make all this happen she needed to apply for student loans. In order to get the loans she needed a co-signer. I ... Read More »

      How Can I Move Forward When My School Won’t Release My Transcript?

      Cartoon-OUCH. Vector

      Question: Dear Steve, I attended a private college one trimester in 1986 when I was 18. I transferred to a public university that year and completed my degree. 30 years later, today I am wanting to get a second degree but need my official transcript from the private college that I attended in 1986. They are withholding the official transcript ... Read More »

        My Navient Student Loans Are Out of Control

        Where does it hurt nurse question

        Question: Dear Steve, I currently owe Navient $163,000 on my Private Student Loans. After graduating in 2009 with few job prospects, I put these loans into forbearance for the first two years while I could. This raised my original debt total from $153,000 to the current figure of $163,000. I have paid interest only repayments for the past 4 years ... Read More »

          Sallie Mae Screwed Up My Chances of Getting a Texas Public Education Grant

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          Question: Dear Steve, I started my nursing training in WY and borrowed student loan money there. Then, in 1999, I moved to Lake Charles, LA, and took out loans through Sallie Mae since I was now in the South. Sallie Mae loaned me out too much money; however, they said that since it was their mistake that it would be ... Read More »

            Social Worker Facing Retirement Can’t Pay Student Loans

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

            Question: Dear Steve, I’m a 60 year old female with one daughter in college. I took out loans to get my MSW degree which I needed to continue working in my job. I took loans totaling $50000, but during this time I went through a divorce, was jobless for 2 years, and I defaulted on the loan. I did consolidate ... Read More »

              Father Forged Kids Names on Student Loans. Do They Owe Them?

              Question: Dear Steve, My ex husband left 2 of my children with over $100,000 each with student loan debt. He signed loans with their names without their knowledge, he missed months of payments which incurred high interest rates and now these kids both under 30 are saddled with these debts. They are beyond upset and see no end to paying ... Read More »

                My School Misled Me, is Closing, and Leaving Me in Debt


                Question: Dear Steve, I started going to International Academy of Design and Technology in 2008 and was really excited to go for my Bachelors degree. I wanted a better life for my son and me. I asked all the usual questions; what’s the program like, how are the courses taught, is it like going to a traditional college? They assured ... Read More »

                  Reporter Discovers Student Loan Shit Your Pants Syndrome #SYP

                  Empty toilet paper roll hanging in a restroom

                  Question: Dear Steve, I borrowed a grand total of $88,000 in private loans (Sallie Mae) for college. Struggles with health (migraines, vertigo, etc.) forced me to take nearly six years to finish my degree. Since that time, the total has ballooned out to $119,316.52 as I’ve only been able to pay the interest and have had to use forbearance requests ... Read More »

                    I Have a Mental Problem That Leaves Me Unable to Pay My Student Loans

                    A businesswoman thinks and does the questions

                    Question: Dear Steve, I have a mild psychiatric disorder, and I have my total and permanent disability form accepted. However, I found out that for a three year monitoring period, if I make money over the poverty level, in three years I will have to go back to paying it back. While I’m a responsible woman who can’t pay back ... Read More »

                      Should I Stop Paying My Private Student Loans Now?

                      Businessman trying to solve a maze questions

                      Question: Dear Steve, I graduated in 2006 with over $50k in private student loans. After I graduated, Citi wanted $400/month. Unable to make the payments, I went on years of deferment and forbearance as my loan was bought and sold by several banks and lenders. My loan reached a max of $110,000. I am now 10 years removed from college, ... Read More »

                        How Can My Husband Get Out of a Spousal Consolidation Loan?

                        Portraits of people thinking

                        Question: Dear Steve, My husband of 19 years was married previously. He and his ex-wife each had a student loan that she combined into one under her SSI#. These loans are from the 1990’s. When he and I married the loan servicer, Sallie Mae, would not split the loan and so payments were sent in separately. In this time frame ... Read More »

                          How Can I Make ACS Verify My Student Loan Balance?

                          Magnifying Glass - Q&A

                          Question: Dear Steve, Apparently I have a consolidation loan through ACS for double the original amount. I have another consolidation through AES and that amount is consistent (a bit more because of some forbearances). Original amount about 26K, amount they are claiming over 45K. I have sent several formal requests for ACS to substantiate the loan amount only to receive ... Read More »

                            Can I Consolidate My Federal and Navient Student Loans?

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                            Question: Dear Steve, I have two student loans one is from salliemae/navient and the other is a federal loan. Is it possible to consolidate both loans? Frank Answer: Dear Frank, If the Sallie Mae – Navient loan was a private student loan then your only option would be to go for a private student loan consolidation and incorporate the federal ... Read More »

                              My Brain Infection Left Me in Decades of Student Loan Debt


                              Question: Dear Steve, I went to a community college about 22 years ago. In order to go I had to take out several loans in the last 6 months of my college life I became extremely ill. I contracted a brain infection that left me with no memory of what I even took in college. I am permanently disabled from ... Read More »

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