I am one of many americans that suffer form the same burden of having too many student loans. With the career that i chose, there is no way on God's Green Earth that i will be able to repay these loans in this life time. They should have couseling with a real counselor instead of a question aire to make you understand the finacial debt these loans cause. I have been looking for help for a long time now and I can not seem to find help. It should be against the law to allow students to receive money if there career choice can not support the pay back.
L Harris
of MS
@
Jan 17, 2010 14:14:50 PM
NOT AN AMERICAN THAT GETS EVERYTHING FREE FROM THE GOVERNMENT
I KNOW ONE THING IF I WAS AN ARAB I COULD GET EVERYTHING FREE IN THE UNITED STATES. I WONDER NOW WHY WE WERE ATTACT IN 911.
ROBERT VISHINO
of MO
@
Nov 24, 2009 14:22:57 PM
NOT AN AMERICAN
I KNOW ONE THINK IF I WAS AN ARAB I COULD GET EVERYTHING FREE IN THE UNITED STATES. I WONDER NOW WHY WE WERE ATTACT IN 911.
ROBERT
of MO
@
Nov 24, 2009 14:21:01 PM
Me too
You talk to these people and they say that after this degree you can have this job or that job. There are no jobs that the degree can get that even come close to paying off the loans. I just can't pay the huge loan payment amount. I have deffered and used forebearance and now I am left with not enough money and around $50,000.00 in debt. My credit is wrecked because of it. It isn't a matter of not wanting to pay it is a matter of not being able to. I have got to get out from under them somehow.
Melanie
of PA
@
Oct 16, 2009 12:07:26 PM
What about non disabled people
I am like a lot of the above people. I am not physically disabled but there is no way I am ever going to be able to pay off the loans. First is there any way you can get out of the loans via bankruptcy (Which is fine because I have no need of getting any more debt.. I have a car house, and will do whatever it takes to never get in debt again.) Secondly.. what happens when you don't pay. Do you just go to jail? For how long? I'm a writer/minister so a year or two of solitude wouldn't be that bad for me. HEck most of my friends who are writers pay for that lol. But seriously is there any hope for people who aren't physically disabled or do I need to go chop off a lower leg or something.
David Littleford
of TN
@
Sep 29, 2009 16:24:20 PM
I don't know what to do
i am a parent of three children i never finished school and i don't have a fancy job i am barely making it and i recieve food stamps i don't know how to pay my student loan.I am so tired of big business getting bailed out.What about the normal people.
Michelle
of PA
@
Sep 28, 2009 20:50:23 PM
The cycle
My husband and I are about to start paying back our loans! Scary because we just never thought they would come due. School was fine, but finding that great job just isnt going to happen. We are strapped already with a house payment, one income and such! These loans mean that side jobs will take up any and all free time, while our daughter remains an only child because I am seriously to afraid to have another kid with this much debt!!! I find it crazy that we get to pay over 100,000$ for an education we have to have, yet the jobs that are suppose to come with it arent available. It is sad and I hope and pray that I can save enough so that my daughter doesnt have to go through this!!! I figure I can pay what I can pay and that is that.
Good luck to everyone!
F Parker
of KS
@
Sep 23, 2009 15:55:57 PM
You are not alone!!
Everyone has always said to me, "Go to college and live happy with more money!" I tried that, TWICE!! Everytime I start, my friggin cars breakdown and school is all the way across town. As of right now I have no one to take me and public transportation does not go there. Now I have $35,000 to pay back and I don't know how I am going to do that. I wish I never did that at all.
Sherika Amos
of SC
@
Sep 17, 2009 12:49:31 PM
Student Loans
I am a parent, age 62, with over $100,000 in student loan (Parent Plus) debt for my two children. I should be retiring, however, my retirement savings (what is left of it) will go to trying to pay off this debt. The interest rate on some of the loans has grown, our salaries have gone down, we have a home that has been on the market for a year. We need a bailout from the government or we will be going bankrupt too. I guess we are just not "too big to fail".
Judy
of IL
@
Sep 17, 2009 08:55:02 AM
i feel the same
if i would have known going into remington college was just a way for me to get into debt i would have never gone i not only didn't get any help to find a job, as promised i now have the people calling all the time about money i can't afford to pay something needs to be done about student loan debts people are literally starving trying to pay back money for an education that is unused
Kimberly Palmer, senior editor for U.S. News & World Report, writes about how to save money, avoid scams, manage debt, and be a savvy shopper. Send your personal finance questions to her for expert money advice.
L Harris of MS @ Jan 17, 2010 14:14:50 PM
ROBERT VISHINO of MO @ Nov 24, 2009 14:22:57 PM
ROBERT of MO @ Nov 24, 2009 14:21:01 PM
Melanie of PA @ Oct 16, 2009 12:07:26 PM
David Littleford of TN @ Sep 29, 2009 16:24:20 PM
Michelle of PA @ Sep 28, 2009 20:50:23 PM
F Parker of KS @ Sep 23, 2009 15:55:57 PM
Sherika Amos of SC @ Sep 17, 2009 12:49:31 PM
Judy of IL @ Sep 17, 2009 08:55:02 AM
faye of TX @ Aug 27, 2009 17:45:13 PM
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