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Posts Tagged ‘Loans’


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Can anyone help me with student loan debt in excess of what is humanly possible to pay off in this lifetime?

Johnny Gyro asked:


I owe $93,000 and am earning approx. $32,000 after being in the field of study for 18 years. My credit as a result of owing these loans is completely ruined. Nobody but myself to blame, except they sure make it easy to get the money and then they hunt you down like a dog. Is there any way to get out of this debt. h#@$?

Debt Credit Consolidation
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how does student loan consolidation work?

blueyedwoman2006 asked:


I am wondering how student loan consolidation works,,, once i consloidate my loans do i get a sum of cash? i know i have gotten offers that say up to $2000 now if you consolidate. does that mean i get $2000 for myself, or do they take that off the ammount of the loan.

Credit Card Loan Consolidation
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Student Debt?

YadaYadaYeah asked:


What is a ridiculous amount of student debt? I’m looking at Notre Dame, University of Michigan (out of state) and Northwestern, so probably 40-50k a year. I am unlikely to get any aid because of my dad’s income (except maybe some merit-based from Michigan?) and I know he’ll give me trouble about paying the full 40-50k, so if I took out 10k a year in loans to “contribute” and did a (most likely) 5 year program, would 50k student debt be absolutely unmanageable?
I wanted to say in my original post that I plan on pursuing a degree that leads to a reasonably high income. Something in architecture or real estate, engineering, maybe finance (my dad’s an investment banker at a pretty prestigious firm so I would have a foot in the door…) but I thought that that would be sort of silly sounding–of course I “plan” on making money. But anyway, I realize things might be rough initially getting out of school, but I still think it will be worth it.

Student Loan Debt Consolidation
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