Latest Posts
Home > Ask The Get Out of Debt Experts > Student Loans (page 30)

Student Loans

Should I Take Money Out of My 401k or Roth IRA to Pay My Student Loans? – Seapar

“Dear Paul, Annual Gross Income: 66,000 401k balance: 16,000 Roth IRA balance: 6,000 Savings: 5,500 Stock: 1,500 Grad Student Loans: (72) payments left of one $520 combined payment per month on total $32,500 balance on the following (so, $5,000 interest would be paid over the life of the loan at this payment rate). Loan 1 Direct Unsub $5,500 balance, Interest ... Read More »

    My Student Loans Have Me So Stressed I Can’t Sleep. – Julie

    Ready to Collapse

    “Dear Steve, I finished school in 1995. Working three part-time jobs while in school and raising a child a child myself without child support since she was six months. Been struggling from low paying jobs ever since. Now I am married with another child. Between the both of us we make about 35,000.00 a year. Bearely unenough to pay are ... Read More »

      Allied Interstate Collection Agency is Chasing Me for Student Loans. – Elaine

      Ready to Collapse

      “Dear Steve, my old 22 years old student loan is in default and being handled by allied interstate collection agency im on unemployment and they are wanting to take my tax return. I didn’t finish the school i went for 8months my parents took out a loan and so did I they paid theres I didn’t . well they issued ... Read More »

        I Would Like to Try and Consolidate My AES Private Student Loans. – Tara

        Ready to Collapse

        “Dear Steve, I graduated college in 2008 with a total of $107,000 in private student loans through AES, 1 loan for each year of college totaling 4 loans in total. Now I am having a lot of trouble paying my monthly installments and I have already used up every drop of forbearance, deferment, or payment program that AES offers. I ... Read More »

          How Can We Lower Our FFEL Student Loan Payment? – Holli

          Ready to Collapse

          “Dear Steve, My husband and I graduated from college in 1998 and 1999 and then got master’s degrees in 2004 and 2005. We have FFEL loans that have been consolidated into one loan/payment and the total of these loans (after years of deferments/forbearances) is a little over $131,000. Our monthly payment is 880.00 right now. We can not afford this ... Read More »

            Are Their Free Grants I Can Use to Go Back to School? – Gayle

            Ready to Collapse

            “Dear Steve, This may be a difficult question to answer. After a series of potentially fatal illnesses & complications, I found myself on Social Security Disability at 45 years of age. Besides my pride being bruised (I had drawn a salary since I was 14 years old & often held down 2 jobs) I also had to discontinue my education ... Read More »

              I’m a State of Texas Employee. Can I Get My Student Loans Forgiven? – Carolyn

              Ready to Collapse

              “Dear Steve, I work for the state of Texas, and have several Sudent Loan that I’m paying back. If you work for the state 10 years or more will the help you pay your loan back….I am not a Teacher. My income is right at $30, 000.00 a years Carolyn” Dear Carolyn, I took a look around and see that ... Read More »

                I Hate Great Lakes for Servicing My Private Student Loans. – Helen

                Ready to Collapse

                “Dear Steve, My children have private student loans and cannot make the full payment amount but the company will not work with them . My husband co-signed and none of us can pay the full amount at this time. How can we switch the PRIVATE students loans to a company that is willing to work out reasonable payment amounts until ... Read More »

                  My Husband Went to a Christian University and is Buried in Student Loans. – Janise

                  Ready to Collapse

                  “Dear Steve, I married a man who has 100,000 dollars in school loans. I did everything by the book. Now, Im feeling overwhelmed about the loans that it seems we will never pay off. He went to a private university for undergrad and his masters. I know that he would not be the man he is today if he had ... Read More »

                    How Do I Move the Student Loans My Parents Signed for Into My Name? – Leigh

                    Ready to Collapse

                    “Dear Steve, I graduated college in May 2008 and have been working full time for over 3 years now. I have about $20,000 in student loans in my name ($150/mo) which I ALWAYS pay on time. About 18 months ago my parents “turned over” thier parent loans (for my education) to me. This is an additional $27,000 ($400/mo)! My payments ... Read More »

                      My Private Student Loan Added a Huge Financial Penalty to My Balance. – Janette

                      Ready to Collapse

                      “Dear Steve, I borrowed $50,000 for law school and was defaulted after paying late a couple of times while traveling for work. I lost my job soon after and was unable to pay for a period of time. The debt ballooned to $63,000, at which time I was assessed a 25% penalty for non-payment. I have never heard anyone else ... Read More »

                        I Work in the Health Care Field. Can I Get My Student Loans Forgiven? – Anne

                        Ready to Collapse

                        “Dear Steve, I finished grad school almost 2 years ago and have about 100,000 in loans (both subsidized, unsubsidized and gradPLUS). I am on an income contigent repayment plan. I am in a health profession and there appears to be a loan forgiveness program where they forgive all of your loans after working full time in certain health professions after ... Read More »

                          I’m Going to Law School And Will Graduate With a Lot of Debt. – Anthony

                          Ready to Collapse

                          “Dear Steve, I currently have $39,000 of under-graduate Stanford federal student loans. I will be attending law school next year and will most likely with living expenses rack up $67,000 a year for three years a total of $239,000. I have two questions, will I be able to borrow the additional $200,000 needed for law school from federal loan programs ... Read More »

                            Will the Obama Student Loan Program Erase My Old Student Loans? – Drew

                            Ready to Collapse

                            “Dear Steve, My student loan debt started at $165K with pmts of $865/month for 30 yrs. I am in year 8 of repayment with a balance of 136K. I am current and have never missed a payment or been late. Do you know if Obama’s plan that he is going to announce (forgiveness at 20yrs) at the 2012 SOTU address ... Read More »

                              My Severe Depression is Preventing Me From Paying My Medical School Student Loans. – Sayta

                              Ready to Collapse

                              “Dear Steve, I went to college and then to Medical college and have about $190k in studnet loans. Originally it was 160K but I did not pay first two year so residency so the loans became 190K last two year I have been paying minium about $18,000 each year but that only covers interestes. Year and half ago I was ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                Latest Info, Best Advice, Cutting Edge Tips

                                I promise to keep your email safe and secure.