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Tag Archives: sallie mae

Collectors Keep Calling Me for the Cosigned Sallie Mae Student Loan

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Question: Dear Steve, I cosigned on my sons Sallie Mae loan. It took more than 2 years of calling them weekly to get any paperwork on the agreement of this loan as his payments were 991.00 a month. He wasn’t paying them so I was paying what I could $660.00 a month only to have them call me 11 times ... Read More »

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

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    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 »

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

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      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

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          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?

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            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 »

                Brunner Test Needs to Die Say These Heroes in Student Loan Bankruptcy Discharge

                Clapping Business People

                On July 29, 2015 the National Consumer Law Center (NCLC) and National Association of Bankruptcy Attorneys (NACBA) jointly filed a court document arguing a position in support of discharging student loans through the bankruptcy laws. Much thanks to the readers and tipster who slipped me the document. The matter of dealing with overwhelming student loan debt through bankruptcy has been ... Read More »

                  Another Consumer Nukes Their Student Loans Through Bankruptcy

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                  A reader contacted me to share his story of dealing with his unmanageable student loans through bankruptcy. Just recently I’ve written two articles that showed how people have fought the battle against their student loan companies and the bankruptcy court agreed to eliminate their debt. Read this and this. The cases of consumers making there case with the bankruptcy court ... Read More »

                    Bankruptcy Court Wants to Discharge Spousal Consolidation Student Loans. Educational Credit Management Corporation Says, “Not So Fast.”

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                    I have to admit I am totally perplexed by the media and popular myths that believe student loans can’t be discharged in bankruptcy. Even a lot of bankruptcy attorneys believe this wildfire myth. Thanks to some amazing readers and tipsters I’ve just received a collection of cases where the consumer managed to have their student loans eliminated in bankruptcy, right ... 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

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                        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 »

                          $60M in Student Loan Refund Checks: Is Yours in the Mail?

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                          Nearly 78,000 U.S. military members will receive $60 million in total settlement payouts from Navient Corp., a student loan servicer formerly part of Sallie Mae, for charging active duty service members excessive interest on their private and federal education loans. Navient and the Department of Justice reached the settlement in May 2014, but the DOJ just announced the payments, which ... Read More »

                            What Do You Think Rob Should Do About His Sallie Mae Private Student Loan Debt?

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                            Got a Private Student Loan through Sallie Mae (2005) now Navient. -balance is approx. $21,000. I have paid my loan each moth until recently…..Now, I am always late on payments but not close to default. History: I Lost my job, industry was decimated here in California, no longer on unemployment, can’t find a good paying job, have little money to ... Read More »

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

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                              “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 »

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