Over $100,000 in student loan debt. I don’t make enough $ – HELP?

8 Responses to “Over $100,000 in student loan debt. I don’t make enough $ – HELP?”

  • ?Georgia Peach? says:

    Student loans are so stupid. You pay money to get a degree that doesn’t do ANYTHING for you and then you can’t pay it back. Kind of dumb in my opinion.

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  • Realists says:

    apply for food stamps and welfare… lie about your income on your appl.. its the only way… lol lol lol.

    the minute u earn 5 dollars the govt want to take it…

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  • PeaceOfMind says:

    Ask your family to help. You should’ve thought about the consequences and calculated the amount of money you’d owe before you went to college.

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  • Heisenberg says:

    You should have planned better.

    You need to find a second job immediately and you need to call these student loan people and see about forebearance and adjusting the payments.

    When you have the time, find a fixed rate consolidation – you need to do this before missing more payments.

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  • LivaPud says:

    how on earth are u in THAT much debt?!!! in the UK you have to be earning over £15,000 to have to pay your student debts back and even when you do the repayments are pittance! xx

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  • aelanna says:

    First I think that you need to sit down and do a budget figuring out what you can afford per month for the student loan. You will have to pay once a month so, once you know what you can afford then I think you should contact your lenders and discuss this with them. Determine if you have a subsidized or unsubsidized loan because this effects the cost of interest on the loan. I’m sure there is a way to make your payments smaller you just need to stay in communication with your lenders.

    Take a deep breath and realize that everything works out in the end. I wish you all the best

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  • Lonya D says:

    As a fellow student loan holder I can feel your pain. You really need to consolidate those loans so that they are more manageable. Call your lender. They will work with you. Ask for a graduated payment plan (small payments now–bigger payments later). You really don’t want to let yourself default, then the lender will not work with you after you default and the government will be able to take you tax refund. Also, it screws up your credit. Please take the time now to solve this.

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  • cindy c says:

    By posing this question on Yahoo Answers, you’re inviting every scheming lowlife scammer to offer you a loan. And I guarantee they will reply soon. Don’t respond to anyone who offers a loan and has a generic contact email, i.e., yahoo.com. They are scammers. They will ask for money for proceesing stuf and you will not see a dime.
    my little advice is that you go to a bank in your area to request for the loan and that is if you have a collateral, but if you want loan from those that give out unsecured loan without a collateral i know of someone that gives out unsecured loans, though he is the only one i have tried for now so i don’t really know if his interest rate is the lowest, here is their contact information if you want to contact them. (kingstonloaninc@live.com)
    i am sure they can be of help to you.

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