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Student Loans

My Son Put My Name on His Law School Student Loans Without Telling Me. – Mark

ID Theft or Stolen Identity

“Dear Steve, My son co-signed my name on his student loans for law school. I did not know that he signed my name on the student loans. In March of 2013, I started receiving calls from a collection agency asking if I could make a payment on these loans. I was never notified before this that I was co-signed on ... Read More »

    I Need Immediate Help With My Wells Fargo Private Student Loan. – Jenny

    worried

    “Dear Steve, I need help IMMEDIATELY PLEASE! My mother had no knowledge of how to apply for a Wells Fargo loan and when they asked who the loan was for, she put my name, which somehow made me a cosigner. After I graduated they paid on this loan until they had to file for bankruptcy…for reasons not their doing… and ... Read More »

      If I Kill Myself Will Sallie Mae Take My Life Insurance Money to Pay the Student Loans? – Sam

      Desperate

      “Dear Steve, Took out student loans at 8.5 % interest rate in middle 90’s to enable me to get Bachelors degree to be a teacher, have been making payments off and on since depending upon if I could afford them or not. Have used up all forbearances, etc…options, and am currently in about month 6 of a year long income ... Read More »

        I Just Signed Up With Student Loan Processing .US and I’m Having Second Thoughts.

        Cleaning toilet

        “Dear Steve, I just signed up yesterday with student loan processing. US, but have paid no money as of yet. I signed an agreement that says I will get 100% of my money back if I am rejected for a federal student loan consolidation by Dept of Ed. The contract states how much, what the payment is estimated to be. ... Read More »

          The NCO Debt Collector Lied That I Could Settle My Private Student Loan Debt. – Matt

          crime scene

          “Dear Steve, The background information is something like this: I went delinquent on a student loan (private) after a period of financial hardship. It defaulted and went over to NCO Financial for debt collections. I wasn’t sure how the whole process worked at the time, and I started a payment plan. My agent at NCO was named John and would ... Read More »

            Can I Get An Income Based Repayment Plan for My $197K in Student Loans? – Ian

            under construction narrow

            “Dear Steve, Due to the poor financial planning of both myself and my parents, I financed my undergraduate education primarily with student loans. Even worse, I went to an out-of-state school with high tuition. After four years (and an abortive year in law school), I racked up about $197,000 in student loans. I know it’s an obscene amount. I have ... Read More »

              Can the IRS Seize Our Bank Account for a Defaulted Student Loan? – Judy

              catcher

              “Dear Steve, IRS has garnished our income tax refund from 2012, for a student loan defaulted in 1990 or 1991. This is my student loan, for about $2200 at the time. I’m sure it is more now, 23 years later. I am not employed. My husband’s income is our only source of income and we filed our taxes Married filing ... Read More »

                Can You Please Review My College Loan Services Agreement for Student Loan Help? – Lisa

                Screen Shot 2013-04-23 at 1.55.14 PM

                “Dear Steve, I have two daughter who just graduated college. Between them, my husband and myself, we have 9 federal loans totaling almost 250K. At this time none of us can afford to pay the minimum loan monthly payments. I recently contacted a college loan consolidation company. It’s a private company that charges for consolidating and reducing the monthly payments ... Read More »

                  How Can I Afford My Sallie Mae Student Loans in Retirement? – Nancy

                  retirement

                  “Dear Steve, I owe Sallie Mae about $62,000. I originally borrowed $45 in 1998 for graduate school all are subsidized student loans consolidated at 8.5%. I have been making payments since 1999 with some times of forebarence etc. I make OK money now and pay the loans of $571, but now I am retiring and will make so much less. ... Read More »

                    I Want to Kill Myself Because of My Student Loans. I Dream of Dying.

                    change 3

                    “Dear Steve, I have seen that there are others who have posted that they have contemplated suicide in order to get out of student loan debt and I can tell you that they aren’t alone. I was laid off twice since I graduated and I can’t afford to pay my loans back. I couldn’t even if I found a job. ... Read More »

                      Everest Institute Did Not Help Me Get a Job in Medical Billing and Coding. – Ashley

                      Student Loan Corkboard Concept

                      “Dear Steve, I went to Bryman Institute in 2007 for medical billing and coding. While I was there they changed the name to Everest Institute which was a red flag to me but I was already in the program for a while so there wasn’t much for me to do. I successfully completed the program and got a job at ... Read More »

                        My Ex-Husband and I Consolidated Our Student Loans. I’m Still Paying. – Marie

                        Divorce

                        “Dear Steve, My ex-husband and I consolidated our student loans back in 2004. In our divorce in 2012, I am required to pay on the joint loans for 10 years then in reverts to him. He is currently paying individual loans of ours. He makes considerably more than I do (about $45,000/yr and I’m around $25,000/yr) and I am unable ... Read More »

                          I Had to Withdraw From Law School Due to Illness. They Say I Owe Money. – Carol

                          It's all very odd.

                          “Dear Steve, Student Loan Debt: over $100,000.00 law school debt plus masters debt but no undergrad debt. Here’s one for you. I was studying for a Masters at a law school in so. cal. withdrew due to illness. They say I never withdrew and took the money for one class from student loan and the other class had private funding ... Read More »

                            We Owe $700,000 in Student Loans And Need Help! – Laura

                            broken piggybank with dollar notes

                            “Dear Steve, We are considering bankruptcy and have a huge student loan of over $700,000 that has been in forbearance for 24 months. We have only paid small monthly payments in the past because of being self-employed and not making a lot of money. The original amount was about $200,000 and the rest is interest. My husband is 51 & ... Read More »

                              Is it True I Can Eliminate My Student Loans in Bankruptcy if I Just Stop Paying Them?

                              student loan default

                              “Dear Steve, I currently have 58,000 in private loans and 98,000.00 in federal loans and I currently have no clue what to do. My private loan provider (the wonderful sallie mae)….wants 600.00 a month, and the federal goverment wants 450.00 a month. I am a teacher and these payments are just not possible….some people told me that if I let ... Read More »

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