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Sallie Mae

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 »

    I Stopped Paying My Daughter’s Cosigned Navient Student Loan. – Rosie

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    Question: Dear Steve, Hi Steve, I co-signed my daughter’s student loans which she and her husband stopped paying because Navient was asking for $1,100 a month (he lost the overtime advantage he was using to pay back the student loans) and all I could help towards that was $200. My daughter directed me to your site and we decided to ... Read More »

      Why is My Son’s WyoTech Navient Student Loan Being Reported as a Federal Loan? – Ava

      Whiteboard

      Question: Dear Steve, My son had a 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 ... Read More »

        I Thought My Art Institute Student Loans Were Eliminated in My Bankruptcy? – Stephanie

        Where does it hurt nurse question

        Question: Dear Steve, I went to the Art Institute of California for video production. I graduated in December of 2009. Due to life I had not been able to pay my loans. The went from being 54,000 when I graduated to over a 120,000 last year. Most of the loans were private and I got them discharged in bankruptcy at ... Read More »

          Is There Anyway to Get Out From Under My Navient Student Loans? – Kim

          future

          Question: Dear Steve, I was young and dumb and didn’t have any financial help with college. I took out student loans to support my education. After 2 years, I was supposed to be able to get instate tuition, but my alcoholic mother kept claiming me as a dependent on her taxes (although she didn’t support me in ANY WAY). Needless ... Read More »

            Sallie Mae Screwed Up My Chances of Getting a Texas Public Education Grant

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            Question: Dear Steve, I started my nursing training in WY and borrowed student loan money there. Then, in 1999, I moved to Lake Charles, LA, and took out loans through Sallie Mae since I was now in the South. Sallie Mae loaned me out too much money; however, they said that since it was their mistake that it would be ... Read More »

              Reporter Discovers Student Loan Shit Your Pants Syndrome #SYP

              Empty toilet paper roll hanging in a restroom

              Question: Dear Steve, I borrowed a grand total of $88,000 in private loans (Sallie Mae) for college. Struggles with health (migraines, vertigo, etc.) forced me to take nearly six years to finish my degree. Since that time, the total has ballooned out to $119,316.52 as I’ve only been able to pay the interest and have had to use forbearance requests ... Read More »

                Can I Consolidate My Federal and Navient Student Loans?

                Question Theme

                Question: Dear Steve, I have two student loans one is from salliemae/navient and the other is a federal loan. Is it possible to consolidate both loans? Frank Answer: Dear Frank, If the Sallie Mae – Navient loan was a private student loan then your only option would be to go for a private student loan consolidation and incorporate the federal ... Read More »

                  My Navient Student Loans Are Almost Paid But How Can I Settle Them?

                  This boot seems to speak about this time of economic loss. Left alone, worked hard and cast aside.

                  Question: Dear Steve, I have $13,364.87 debt in federal school loans through Navient, previously Sallie Mae. I have almost paid off the accrued interest. Only $26.53 of that total is interest. I have been paying since 2000. I have two loans. One was originally $23,972.99 and is now $10,905.11. The other was originally $5,500.00 and is now $2,486.29. Do you ... Read More »

                    Was My Sallie Mae Student Loan Eliminated in My Bankruptcy?

                    Bankruptcy Road Sign

                    Question: Dear Steve, Hope you can give me the answer that I want. : ) I filed for bankruptcy in 2010 and the final discharge date was February 1, 2012. Included in the creditors’ payment was Claimant: Sallie Mae and the payment they received $2,566.88. Does this mean that my student loan was included in the bankruptcy? Does this mean ... Read More »

                      I Consolidated My Student Loans But They Left Some Sallie Mae Ones Out

                      Magnifying Glass - Q&A

                      Question: Dear Steve, Hi, a few months ago I consolidated my student loans through a FedLoan servicing company. They consolidated my loans from Sallie Mae, Navient, and Nelnet. I was told by one of their employees after I agreed to consolidate the loans to not contact them any further. A few months passed and my credit dropped significantly so I ... Read More »

                        I Make Near Minimum Wage With $200K in Student Loan Debt

                        Woman in home office with computer and paperwork frowning

                        “Dear Steve, I am 28yrs old with one child. I currently owe Sallie Mae over $100,000 in student loans. I also have several other student loans with Department of Education and Citibank. My total debt is close to $200,000. I was 18 when I started getting private loans from Sallie Mae. I didn’t know exactly what I was doing or ... Read More »

                          The Statute of Limitations Has Expired on My Sallie Mae Student Loans

                          closeup of a gavel on cash, from above

                          “Dear Steve, I took out 4 student loans in 2005, 2 Federal and 2 Private. I am current and making payments on the Federal, but my 2 private loans with Sallie Mae have more than tripled in size since 2007. Sallie Mae is trying to say I made a payment in 2009, but there is conflicting information on my credit ... Read More »

                            Sallie Mae Won’t Help Me Lower My Interest Rate

                            Mature woman confused

                            “Dear Steve, Student loans from 1997 at 8.5% fixed rate when consolidated federal loans. I cannot get any help from Sallie Mae to reduce my interest rates. I don’t want to refi with a personal loan because I’ve been laid off three times during my career. I tried Income based for one year reduced my loan amount $100 but now ... Read More »

                              I Was the Biggest Jerk to Get So Buried in Student Loans

                              Frustration

                              “Dear Steve, I have $130,000 in private student loans from Wells Fargo, Sallie Mae, Citibank and Discover. The minimum monthly payment is $1,595. Since graduating in 2011 with a liberal arts bachelor’s degree, I’ve made monthly minimums through myriad part time jobs, usually several at once, odd jobs and temporary positions through a staffing agency–never finding full time work and ... Read More »

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