Home > Ask The Get Out of Debt Experts > Student Loans (page 3)

Student Loans

I Want the Department of Education to Get Their Sh*t Together

angry woman

Question: Dear Steve, I am not sure exactly who to direct this issue to, therefore, if you are not the correct person/dept, please advise. Well Over 20 years ago I took a student loan through the Department of Education to attend college. If I recall I made payments for some time after graduation in 1988. When I began teaching in ... Read More »

    I Defaulted Again on My Rehabilitated Student Loans. Now What?

    Problem Solving Series

    Question: Dear Steve, I just got word from my employer that they will be garnishing my wages due to unpaid student loans. This is the second time this has happened to me. I went through the rehabilitation process the first time but was told at that time this you can only be eligible for that once. I also did not ... Read More »

      I Don’t Live in the U.S. But My Student Loan Cosigner Does

      Contemplation and introspection are far better tools to deal with problem debt than knee-jerk bad solutions.

      Question: Dear Steve, I moved to NYC from France to find work in 2002, and somehow was convinced that I needed to have a Masters degree form an Ivy League school in order to get a shot at a good job. So I took out a loan with Navient (Sallie Mae) back in 2003 with the help of a guarantor ... Read More »

        MOHELA and Performant Are Telling Me Different Things But Garnished My Wages

        Frustrated

        Question: Hi, Steve. I need your help! There are 3 players in this situation: Missouri Department of Education MOHELA (loan issuer) Performant (collection agency) I defaulted on a student loan that was originally issued by MOHELA. I got a letter at the end of November from the MO Dept of Ed saying I needed to work out a payment plan ... Read More »

          I’ve Never Been Able to Pay My Sallie Mae Student Loans

          black-hole

          Question: Dear Steve, Im probably one of the more stupid people to come and ask for you help since I haven’t paid Sallie Mae a dime since I’ve graduated in 2010 thinking I could get a great job with my hospitality associates degree. But here goes. After I graduated with nearly $20,000 in debt, still eating at my credit till ... Read More »

            Who Can Help Me With a Private Student Loan Dispute?

            Adult Ed - Questions

            Question: Dear Steve, Who do I need to contact to dispute my loan due to private school misleading students into loans not required? John Answer: Dear John, I would suggest you contact an attorney who is licensed in your state. There is no other authority I can think of to go after a lender and school for an individual to ... Read More »

              Should I Just Stop Paying Navient and Not Tell My Cosigner?

              Senior couple at home focusing on angry man

              Question: Dear Steve, I have a Naivent private loan in the amount of $56,000 and just recently graduated. Unfortunately since graduating I have been unable to find a job and was forced to put my loan in forbearance. My forbearance will be up in March, yet I still have not found a job. Naivent informed me that my minimum monthly ... Read More »

                Can I Get My Sallie Mae Student Loans Forgiven From My Public Service?

                big emergency exit

                Question: Dear Steve, I had Sallie Mae student loan…it was sold to Navient which turned it into a private loan or so they tell me. We have tried the loan forgiveness or reduction twice with no results because it’s a private loan. The lender as so stated on his account site says “Navient Federal Loan Trust” How can this be ... Read More »

                  I Want to Start Repayment My Defaulted Law School Private Student Loans. But How?

                  tug of war

                  Question: Dear Steve, I have defaulted on a private student loan owned by Citibank. I tried unsuccessfully to negotiate a lower payment plan when I lost my job and gave up making payments in 2012. Since then I assume the loan has entered default and it has been referred to a collection agency. I’m in the position now to start ... Read More »

                    Is There a Way to Get My Wife Off as a Student Loan Cosigner?

                    stressed-woman

                    Question: Dear Steve, My wife and I have 3 boys all have graduated from college, they are not behind and have good jobs. They are very responsible about paying there bills. One is a nurse has about $90,000 student loan and other has about maybe $15,000. My wife co-signed for the younger two while they were in college. Is there ... Read More »

                      Why Are Huge Collection Costs Being Added to My Student Loan?

                      Student Loans Concept

                      Question: Dear Steve, I was unemployed for several months and my student loan with ACS was delinquent and now ASA American Student Assistance has “purchased” the debt and say I can do the rehabilitation program but they are going to add 18% to the total. Also, the letter I received from ASA said that I had until 2/8/16 to contact ... Read More »

                        Can My Son File Bankruptcy on His Tribeca Flashpoint Media Arts Academy Loans?

                        certificate_of_deposit

                        Question: Dear Steve, My son graduated from Tribeca Flashpoint Media Arts Academy in Chicago, IL. He has $59,000 in loans through Sallie Mae with interest rates that range from 8.25% to 10.375%. I believe you call these private or unsubsidized loans. Sallie Mae won’t issue us a 1098E so he can claim the interest paid each year for taxes. We ... Read More »

                          Collectors Keep Calling Me for the Cosigned Sallie Mae Student Loan

                          20150806-foil-630x420

                          Question: Dear Steve, I cosigned on my sons Sallie Mae loan. It took more than 2 years of calling them weekly to get any paperwork on the agreement of this loan as his payments were 991.00 a month. He wasn’t paying them so I was paying what I could $660.00 a month only to have them call me 11 times ... Read More »

                            I’m a Teacher and Afraid to Settle My Navient Private Student Loan

                            single mom

                            Question: Dear Steve, Public school teacher with public and private loans. My federal loans are now on the 10 year loan forgiveness plan after I consolidated all of my federal loans with the government and away from Sallie Mae. Unfortunately, none of the Sallie Mae payments counted toward the 120 consecutive payments, but I’m also on the income contingent plan. ... Read More »

                              If I File Chapter 13 Bankruptcy Will My Son be Protected?

                              Inside view of an antique combination lock of bank Mandiri in Jakarta, Indonesia

                              Question: Dear Steve, I am the cosigner on my sons private student loans. I have been paying them because he is nowhere near able to pay the large amount. All was well until I had incurred very large credit card debt. I am thinking about filing a Chapter 13 bankruptcy. Will the automatic stay keep the lender from going 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.