Everything you need to know about student loans, from repayment options and forgiveness programs to avoiding scams and managing debt wisely.
Question: Dear Steve, I co-signed for my daughter for her four years in college. Four private loans with Discover and four with government loans. She graduated in 2015 and since then she hasn’t had luck getting good steady work. Used all her forbearance. Then she lands a job and was paying good and extra on …
Question: Dear Steve, I am a senior citizen with over $100,000 in student loan debt. I have consulted with you on this site before and the plan is to use the IBR with Navient until I die. But I watched the democratic debate on 9/12/19 and there were several ads for SOFI to refinance student …
Question: Dear Steve, Situation * In 1974 I took out a Federal School Loan at McMahon Court Reporting School. The school was closed in 1975. I did not think I owed the loan because of school closure and had to endure additional expense to attend a like school 600 miles from my home. I never …
Question: Dear Steve, When I first signed up for Younomics (formerly MyRichUncle) I had a close relative co-sign with me. At the time, we really didn’t understand that the loan was a private one and not a federal one that can be deferred if problems arise. So of course, problems arose and I haven’t paid …
Question: Dear Steve, Sallie Mae/Navient student loan fraud. I was fired from my job in 2009 (b/c I was pregnant, and not illegal in the state of GA) I was paying on my student loan (income based payments) until then. I had to file bankruptcy but I was told the student loan could not be …
Question: Dear Steve, I was enrolled at the University of Phoenix’s master program for early childhood education. I was forced to withdraw due to my state’s DCFS daycare regulations preventing me from completing my course work, completing my degree, and working in my chosen field. I understand there was a failure to benefit clause in …
Question: Dear Steve, I am a US citizen currently living in the UK and have been for 5 years. I have student loans and around $60,000 and I am finding it difficult to pay my student loans based on income and being so far away. Living in the UK makes it difficult for me to …
Question: Dear Steve, Have/had over 30k in federal student loan debt unresolved, went to prison for almost 8 years, fought wildland fires for 3.5 of those prison years as a part of the CA inmate firefighter program, just got out 4 months ago. Because I was in prison for almost 8 years, am I eligible …
Question: Dear Steve, In addition to gov’t school loans, I received a private loan through Chase bank in 2005. It was sold to another company at some point then finally sold to Navient… of course, I had no say in this. I paid the minimum payment for a decade. Which in essence almost paid it …
Question: Dear Steve, Hi I’m 37 years old and have over 100,000 dollars in private student loans that my sister co-signed with me on she passed away a long time ago and I have noticed that after defaulting on the student loans for over ten years the loans do not show up on my credit …