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Student Loans

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

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        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 »

          How Can I Get Rid of My Student Loans if I Become a Teacher?

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          Question: Dear Steve, So let me start by thanking you for providing an avenue for people like me to ask you questions! I am really grateful for hopefully getting help with my debt problems. I am 24 years old and graduated from college over a year ago and now have over 100k in loans. The details of the loans are ... Read More »

            My Navient Student Loans Are Almost Paid But How Can I Settle Them?

            This boot seems to speak about this time of economic loss. Left alone, worked hard and cast aside.

            Question: Dear Steve, I have $13,364.87 debt in federal school loans through Navient, previously Sallie Mae. I have almost paid off the accrued interest. Only $26.53 of that total is interest. I have been paying since 2000. I have two loans. One was originally $23,972.99 and is now $10,905.11. The other was originally $5,500.00 and is now $2,486.29. Do you ... Read More »

              People Are Telling Me My Art Institute Student Loans Can Be Forgiven

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              Question: Dear Steve, I’m a student at an Art Institute campus that is closing. Because of that I’ve been receiving several “debt forgiveness” “tips” from Student Optimum Services and American Student Loan Help Center. Are any of these valid? Answer: As far as I am aware, the fifteen Art Institute locations which will no longer enroll new students, are not ... Read More »

                I Just Filed a Pro Se Adversary Proceeding to Discharge My Student Loans

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                Question: Dear Steve, Hi, just read your article. I’ve just filed an adversary proceeding in Brooklyn-Eastern District Bankruptcy Court against US DOE, requesting undue hardship discharge of student loan debt. Is there any update to this article, or any other information you’ve come across regarding attempts at student loan discharges? The study you reference in article was informative, but looking ... Read More »

                  My Mother Demands Parent PLUS Loan Payments But Will Not Share

                  Frustrated

                  Question: Dear Steve, Back in 2010 my mother submitted for Parent PLUS loans for my sister and I. Half the amount for my sisters education, half for mine. Right now we are in the repayment process. Both my sister and I did not finish our education and stopped when we realized the amount of the loans. So we do not ... Read More »

                    My Wife is Mentally Disabled. Can Her Student Loans Be Forgiven?

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                    Question: Dear Steve, My wife graduated in 2001 B.a. degree music. Accumulating $154,000 student loans. She has been on permanent disability since 2000. Benefits of $547 month. I am 70 work to maintain medical insurance income $2000 month. We have filed bankruptcy twice due to long term medical bills. last time Jan 2010. My wife has attempted to work twice ... Read More »

                      I’m Disabled and Having My SSI Garnished for Student Loans. What Can I Do?

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                      Question: Dear Steve, In my 3rd year of college, Dec. 1988, I was involved in an auto accident with a semi. My head hit the steering wheel with force and I have CNS damage and lesions on my brain. I went right back to school and failed class after class. I did not have continuous memory for 6 months. I ... Read More »

                        My Student Loan Balances Enlarged Without My Permission

                        Why?

                        Question: Dear Steve, Back in the early 90’s I took three loans equaling 6000 dollars. I failed to complete the program I was in enrolled in and never received my certification. Unable to get a job in the field I had been training for I consolidated the three loans into one thinking the payment would be lower and less to ... Read More »

                          My Ph.D. Loans Will Leave Me Old, Broke, Hungry, and Cold

                          break free from prison pressure or quit job running away towards

                          Question: Dear Steve, I have $175,000+in student loans from grad school programs. My first grad degree program was a PhD in political science; the second a high school teaching license in social studies. Neither field has been hiring over the past 15 years at anything other than a negligible rate. Because I have my masters degree, I am more expensive ... Read More »

                            My Art Institute and Fullsail Student Loans Are Outrageous and Unaffordable

                            pow

                            Question: Dear Steve, I have obtained private loan debts from for-profit schools such as the Art Institutes and Fullsail. These debts have doubled from the interest alone. I find myself in a cycle: when I do work, all of my income goes to paying the minimum payment, or I go back school, but a legitimate state school to postpone payments. ... Read More »

                              What Can I Do to Get Out of Being a Cosigner on a Private Student Loan

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                              Question: Dear Steve, I co-signed a private student loan in 2005 for my ex-wife (she was not my ex-spouse in 2005). The amount was $10k. Current balance is ~$6,400 and is in deferment (1-2 months left on that). She agreed to pay it post-divorce but fails to do so unless her arm is twisted enough (usually when it becomes 120+ ... Read More »

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