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Is My Private Student Loan Subject to the Statute of Limitations?

“Dear Steve, I currently have a private student loan that originated back in 2002. The interest is now more than the principal. The collection agency is threatening to sue but the statute of limitations for my state is 6 years, its been 8. Can they still sue? Any help/advise would be greatly appreciated.” Unfortunately this …

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Can My Father’s Social Security Be Garnished for My Private Student Loan? – Michael

“Dear Steve, I am a theater major have run out of any options on the private loans I have a private student loan through AES and to make a long story short my loan is now in collections. My dad is 84 and cosigned my loan he is now in a nursing home. I am …

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I Have $200,000 in Student Loans. – Kane

“Dear Steve, I did undergrad and grad school straight through and financed everything. I racked up nearly $200,000 in federal and private debt. I have all my private debt consolidated into a direct loan consolidation with standard repayment, and I have another $50k in private student loans all from different lenders – a total of …

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I Don’t Know Which Was Worse, the Cancer or the Student Loan. – Paige

“Dear Steve, Old Student loan rehabilitated with tagged on interest and fees. Need help reducing the capitalized interest added to the loan while I had cervical cancer and lost my job and could not make payments. Do not know where to turn. 7900.00 in capitalized interest was added . I have an old stafford loan …

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We Are Graduating From College With Too Much in Private Student Loans. – Tyler

“Dear Steve, Between me and my wife we both gross around 2600 a month. We are just graduating from a private school and we are looking at having 145000 worth of student loans. We cant afford the 1400 dollar payment every month. What can we do? are there any options that we have for chapter …

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University of Michigan Graduate Needs Some Student Loan Help. – Kristi

“Dear Steve, I am 23 years old, and have recently graduated from UM with a BA. Unfortunately, I’ve also graduated with $110,000 in student loan debt, $20,000 of which is federally-backed. It’s the other $90,000 in private student loans that have got me backed into a corner: From what I can tell, I have no …

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I Can’t Find a Debt Consolidation options for My TERI Student Loans. – Amanda

“Dear Steve, I have the current dilemma regarding my student loans. When I first went to college I had to get a loan as soon as possible in order to stay in the dorms, so without proper research, I ended up applying for a $40, 000 private loan through Teri. A year later once realty …

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I Went to Flight School But Now I Can’t Afford to Repay My $118,000 in Private Student Loans. – August

“Dear Steve, This is a tough one. I am 35 years old, single home owner with a very nice low mortgage of $650 per month. I have some equity, but my credit is not good enough for a refinance to get money out. I went to flight school and accrued currently $113,000 in student loan …

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I’d Like to Consolidate My Federal Student Loan, Private Student Loan and Credit Card Debt Into One Debt Consolidation Loan. – Jane

“Dear Steve, My husband & I have been married 6 years and have two children. One of us has been in school the entire time until he graduated a few months ago. He has a well-paying job now and I’m self-employed. We have a decent income for where we live, but now with the school …

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