I’m Not Coming Back to the U.S. So Can I Stop Paying My Private Student Loans?

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, … Read more

I Tried to do the Right Thing With My Private Loans and Was Sued Instead

Question: Dear Steve, I went to a for-profit school, over 10 years ago and in the process took out private loans. Since then, I have been contacted by a debt collector who I wasn’t aware I did not have to pay (the debt was over 10 years old and was beyond the statute of limitations). … Read more

How Do I Get My Wells Fargo Private Student Loans Out of Default?

Question: Dear Steve, I took out 2 private loans and multiple federal loans to finance grad school. Since graduating 4 years ago, I’ve had steady, well-paying employment. I went through an emotionally challenging period at the beginning of this time and defaulted on a Wells Fargo student loan. It wasn’t even due to inability to … Read more

I’m Being Sued on Private Student Loans But We Are Poor With Special Needs Daughters

Couple math adding serious

Question: Dear Steve, Being sued for private student loans. Paid on them for 11 years balance never went down. Say I owe 4 loans totaling $8937.49. Family of four only makes $31,325 a year and has 2 special needs daughters. My husband is our primary income. I work as an independent contractor for DoorDash and … Read more

I Married Into $100K of Private Student Loan Debt and Need Help

Sometimes you are the windshield and sometimes you are the bug.

Question: Dear Steve, I’ve read several articles about stopping payments on private student loans. I joined the Army and paid off the majority of my own student debt, but then got married and inherited my wife’s nearly $100,000 in student debt. Most of it comes from private loans. I barely make ends meet each month, … Read more