Student loan debts = big problem
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Student loan debts = big problem

 
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spikelee



Joined: 06 Aug 2005
Posts: 18

Posted: Tue Apr 11, 2006 6:50 pm    Post subject: Student loan debts = big problem Reply with quote

http://www.moneysavingfreetips.com/student-loan-debts.html

"Graduating seniors who just finished their degrees on average carry debts of $19,000 or more. On the other hand, medical graduate students carry debts in the range $19,000 - $105,000 (Source: Department of Education).

Tuition fees have risen 32% at 4 year private colleges whilst they have risen by 41% at public universities and colleges. Average accomodation and board and room fees at private colleges cost $29000 at private colleges while costing $12000 at public institutions."

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martin56



Joined: 01 Jun 2008
Posts: 11
Location: Grand Rapids, Michigan

Posted: Sun Jun 01, 2008 10:48 pm    Post subject: Reply with quote

What really eerks me is students are no longer given very favorable interest rates. It use to be student loans didn't matter because the interest was so low. Not the case anymore!
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Johansen8



Joined: 06 Oct 2008
Posts: 8

Posted: Fri Oct 10, 2008 4:20 am    Post subject: Reply with quote

Settle by making an offer much less than the debt. It works..

Get a settlement agreement and enter it with thte courts so it shows at resolved.

Bank will not work unless you end up totally disabled and on your death bed, it has been tried, you will not be able to bank on student loans. If so you are almost dead and who cares at that point.

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