Archive for the ‘Financial Aid’ Category
Why do people struggle with student loan debt payments when all you have to do is use the government’s new I.B.R. Income Based Repayment program and you can get out of paying your student loans?
Look up I.B.R. on Google. It’s the first link that pops up under I.B.R. Student Loans
Zack Koves
I am over my head in debt and I am about to lose my mind, any suggestions on how to get out of this?
I have a good job and have cut up all my credit cards, now I need some kind of plan. I have tried paying each card something but that doesn’t seen to bring down the interest rates and I am drowning in debt.
Thank you
Roderick Cowdery
I am just about to earn my bachelor’s degree, and I have almost $100,000 in student loan debt. I took out student loans to pay for living expenses in addition to school. Now, I’m getting ready to enter graduate school, where I will undoubtedly incur even more debt…probably another 100K since it will be anywhere from 4-6 years and I will be paying out of state tuition.
By the time I’m done, I’ll have around 200k of student loan debt….and I am seriously stressing. I’m going to get my PsyD in clinical psychology, so if I can find a decent job after school I might be okay….but I looked at a loan calculator online and it said that my monthly payments are going to be around $1600/mo. with that much debt…and that’s with a 30 year repayment plan!!
The national average for the salary for a clinical psychologist is about $75,000, and I will most likely be paid less than that just starting out. I figure if I can get a job that pays $50,000/year I will only be taking in about $3200/mo after taxes and health insurance….and the monthly payment for the student loans is HALF of that! I don’t see how I am going to be able to make it….
I really want to get this education so that I can be successful and have a satisfying career, but this is insane! I am a broke college student working in a call center, so I barely have enough money to pay my rent and bills, let alone save for college. Loans are the only way I can pay for school
What can I do???
How would you suggest I be more realistic?
How would you suggest I be more realistic?
Virgilio Cossey
My friend says that he can go to college and go into major debt and then get out of paying for it all by claiming bankruptcy. Sounds like a good idea, but there has to be some really good arguements against it
Kyle Bargar
I am graduating with almost 100k of student loan debt, and NOT going be to making big bucks to pay it off. I regret all the loans I took out, but now I’m stuck with the debt. I’ve been applying to loan repayment programs with no luck. I’m desperate and don’t know what to do. How can I pay off my loans with a salary of $40k a year??? And what is the best consolidation program out there?
Mercedes Belliveau
I have very little or bad credit, just recently changed jobs and as I overdrafted the bills keep coming up. I only have my car title as collateral. Where can I find a secured loan without getting disapproved ASAP?
Modesto Susana
I have a friend of mine who is struggling hard with his debt because of poor debt management. Is there any possible way were in he could lessen his debt? thanks in advance.
Janita Copier
I filed banctruptcy but still owe 25000 in student loans. I can’t afford the minimum payment and they are about to garnish my wages.
Gaylord Gladysz
The Guaranteed Student Lone is really “Guaranteed Student Debt”. What are some alternatives to traditional ways of fonding ones education?
Jina Diblasio
Right now I’m 20 and living at home. I’m going to school on a scholarship that pays tuition only. It’s getting aggravating living with my parents and it’s hard for women to take you seriously as well. I have a job too, but I dont get paid enough to live by myself with my check. The loan would be for maybe five thousand dollars (Is that enough for a semester?) I want to buy a tv, maybe some stuff for the apartment because I wouldn’t have anything to start with, so I figure I need to take out a lot to pay for that. I could use my job to pay for rent and food. The loan would be for books, internet, insurance, cellphone, gas, and random other stuff that pops up. It would definitely help my confidence when talking to women and trying to host more friends which in turn helps you meet new people. That part figures in a lot. My job pays a good chunk of what I need, but for all the other stuff thats involved with moving out . . . i need more money.
advice?
note: it’s too late to get any other type of financial aid, I’m pretty sure. and I want to move out ASAP
Eddy Dagel