Kristin E asked:


I am going back to college at age 25 and right now I am working 35 hours a week and taking 3 classes. I feel like I don’t have enough time to study and was thinking about dropping my work hours so I can go to school full time, and pay all my bills with student loans. If I do this, I might end up with 40-50k in debt when I graduate. I am going for an Accounting degree so I know there wont be a problem getting a job. What should I do? What did other college graduates do and how are they paying for it now??

Student Loan Debt Consolidation

sammymac45 asked:


Here’s my situation: I have 3 maxed out credit cards totaling 35K (all debt to help a friend in need) and 60K of currently deferred grad school payments. I still have good/decent credit because my wonderful parents put me as an authorized user for all their cards since I was 10. I can’t thank them enough. Also, never had one delinquent, etc. The 0% on the cards have now expired and in pretty high rates.

I’m a full-time student and work full-time, but can’t show income because only been working two months and it’s a commission-based job. On track right now to make over 120K this year, but can’t work for the next month and need a credit line or free up one of the cards asap.

Can I move all CC debt into one account? What’s the deal with debt consolidation-will it affect my credit score? needed? How about yet another credit card? Any other companies that will see the maxed-out high limit cards and not freak? Any options being a student?
Creativity welcome
Thanks in advance, Sam

Credit Card Debt Reduction