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 took out student loans 10+ years ago and have never made a payment on them. I’m unsure at this point which the loans were even with initially. I have not had a job since, so nothing had been taken from anything to repay at any point. I just signed up at …
Question: Hi Steve, I have been attempting to get my joint consolidation loan split since my divorce in 2005. At that time, I was told by my lender and servicer that it would be impossible to split the loans. However, in 2015 my ex passed away and after submitting the death certificate, the Department of …
Question: Dear Steve, I took out a loan for college for $110,000 between 2006 and 2010. I have paid 30,000 to the principal and 40,000 to interest so far, which is sickening. My husband is in a situation where he can pay the remaining 87,000. I have never missed a payment. We tried to request …
Question: Dear Steve, This is about an unpaid private loan balance of approximately $80,000 (including interest) from a public veterinary school I attended from 2007-2011. The following info is NOT my question, but I’m providing it in case it’s relevant. Approximately $3000 of it had been unofficially disputed to the school with the help of …
Question: Dear Steve, I borrowed around $75k in student loans in the early 1990s while attending grad school in CA. I am originally from the state of Louisiana. They were Stafford and HEAL loans. I could not pay them off. They were turned over to the DOJ. Beginning in 2010, they started putting me through …
Question: Dear Steve, Many years ago, I came across your content, and it inspired me to stop making unreasonable payments on my ridiculous private student debt and start living my life! Your content pushed me to default intentionally, and I can enjoy my life more, travel internationally and domestically, go out to eat, enjoy life! …
Question: Dear Steve, I read your article on repayment plans, and it was fascinating. My Fed loans were taken out before 2014. Can you please let me know how many people have completed the Income-Based Repayment Plan using only the IBR I am eligible for? I believe it started in 2009, and if I am …
Question: Dear Steve, National Colligate garnished my wages, and 6 months after garnishment stopped, they tried to garnish my wages again for over 3000 in interest. That I assume they didn’t include? I paid over 7500. The only reason I know that they are trying to garnish me again is that the courts sent me …
Question: Dear Steve, I graduated from a college in the United States that closed. My federal student loans are current thanks to the pay as you earn program, but my private loans are in default. I don’t currently live in the United States and have been granted Citizenship in the country I currently reside in, …
Question: Dear Steve, My 83-year-old mother is a co-signer on a student loan for a nephew of mine. He has not made any payments on it for the last year or ever. The loan was charged off debt for the student loan and was sold to a collection agency. Now the collectors have started ringing …