How Can I Get Help Lowering My Duke University Student Loan Payments?

Question: Dear Steve, Duke MBA grad, living abroad, Non-US citizen or resident, owing $196,000 to a Credit union in NC. Duke University is my co-signer. Monthly expenses are $2,000 over monthly income. Student loan payments of $1,560 represents 52% of monthly income (around $3,000) Outstanding balance: $196K Monthly payments : $1,562 (fixed) Interest rate: Prime … Read more

The Credit Union Won’t Lower My Son’s Student Loan Interest Rate

“Dear Steve, Too much student debt and banks wont help. My son has a few student loans. One of them is from a credit union with an interest rate of 9.5% The payments are $658 for the next 25 years!! We have asked them to lower the rate, so he can make the payments, but … Read more