buttercup asked:


I’m looking at about $15,000 in federal student loans. I believe the current rate is around 7%, but I’m hoping to consolidate and get it down to 6%.

Should I pay it all off in a hurry and then get to investing, or are there certain type of investments that are worth getting into right away?

Thanks!

School Loans Consolidation

RJC asked:


I have a debt with the student loans company in the UK, taken out between 2002 and 2005.
I’ve heard that if I live in a foreign country for a number of years my debt can be cancelled. Is this true? How does it work?

Private School Loan Consolidation

radioheadjam asked:


I’m gradutating this spring with a BFA in advertising art direction from a prestigious art school in NYC. The starting salary in our industry is around $35,000 – $40,000. I have a student debt of about $50,000. How can I pay this off at a reasonable rate and still be able to afford an apart in NYC? Is there anybody else in my situation? Is $50,000 too much debt for an undergrad?

Credit Card Debt Settlement

migueljuan asked:


I currently owe $45,000 in student loans and I am having a hard time paying them off. The loans are private (sallie mae) and I am not elligible for consolidating them via federal loans since I am not a US citizen. I was not able to get a visa so I had to leave the US. I live in Europe now.

I understand that declaring bankruptcy would not cancel out the student loans, but I have read that bankruptcy could cancel out credit card debt. I have a good credit score (790), so given some time, with an even higher credit score, I may be able to transfer my loans to a few credit cards.

What are the laws regarding credit card debt and bankruptcy? What difference does it make that I am not a US citizen and do not live in the US?

Credit Card Debt Elimination

BlackAmericaUnited.com asked:


The Guaranteed Student Lone is really “Guaranteed Student Debt”. What are some alternatives to traditional ways of fonding ones education?

Student Debt Help