I’m 90k in federal student loan debt from a Master’s degree in Public Policy/ Political Science and I can’t even find a job. Please help. Student Loans |
- I’m 90k in federal student loan debt from a Master’s degree in Public Policy/ Political Science and I can’t even find a job. Please help.
- School kept my loan money after I didn’t attend
- 120K in parent plus loan. Income 15k (11k is Social Security, the other 4k is work income) Advice on what repayment plan to use?
- Any Prodigy Finance Experience ?
- Can I pay off a siblings defaulted loan for less than its principal?
- Do co-signers get notified if you make payments?
- Can I refi one specific loan in a group?
- Is there a way to make a once-a-year payment?
- Where do I go?
- Tips for refinancing for expat
- Genuine Question
- How do I go about paying back a Pell grant amount I owe because I dropped out due to depression in 2014.
- Would starting my payments again end forebarance?
- 120k+ in Sallie Mae loans. Need to refinance.
- Rates of students loans show 0%?
- Advice on my plan to pay down my loans faster?
- Saille Mae Smart Studen Loan (Fixed or Variable)
- Can someone advice? I’m lost in the sauce…
| Posted: 29 Sep 2021 10:29 AM PDT Need educational/professional advice about what to do with my future with Political Science background. Hello everyone. I am a 23M and I've just recently finished a Master's degree in Public Policy/Political Science. I spent a good chunk of my first year and all of my second year doing it online because of COVID. I won't say where but I did my degree at a private university. Because this university was located in DC, I thought it was a good choice and make logical sense. However, I moved back home in 2020 once COVID kicked off, which is far from DC. While I have no undergrad debt, my Master's degree has left me with about 90k in loan debt. I'm nervous because payments are coming up, I wasn't able to network and I still can't find a job. I ask what my next steps should be. I'm looking currently to work in law firms as a form of a legal assistant in my area. I currently still live at my mother's house. I know many people say with liberal arts degrees, your options are mostly either teacher or lawyer and I'm fine with that. I'm just debating whether or not I should go on to pursue a PhD (I don't know in what though), and become a professor, or go on to law school and start a career in law (I wish I had done this instead sometimes). I am studying for the LSAT currently and I am also going to look for scholarships as well, if I decide to pursue more education. My dream was to be a Policy Analyst in the DMV area with my degree, but that seems to be slipping away by the day. I'm lost and depressed. I don't know if I should go back to school on scholarships or what else I can really do. I'm going to dispute some of the charges with my loan officer because it should've only been around 70k. I scared for next year and I have a sinking feeling every day. I don't know what the future will look like, or what my next move will be. I really could use some advice. [link] [comments]  |
| School kept my loan money after I didn’t attend Posted: 29 Sep 2021 04:25 PM PDT Has anyone dealt with their school holding onto dispersed loan funds for MONTHS after you weren't accepted? My state requires funds to be returned back to the lender within 30 days if a student wasn't accepted into the program. The enrollment paperwork I signed stated this as well. However my return was done well outside the required time frame and I continued to make payments on it. If you've been in this situation, how did it end? [link] [comments]  |
| Posted: 29 Sep 2021 11:56 AM PDT Hi! First generation college grad here -My dad took out parent plus loans for me to attend college from 2016-2020. I have no clue how he was even approved for this much money, but now i'm trying to figure the best way to repay. He makes 15k annually, 11k of that money being from social security. He is 69 years old. There are so many different repayment plans and I have no idea which one is best for him. Any advice is appreciated, we're both totally out of our league on this topic. Thanks in advance!! [link] [comments]  |
| Any Prodigy Finance Experience ? Posted: 29 Sep 2021 09:49 PM PDT I got admitted for MS Computer Engineering in USC. I applied loan in Prodigy Finance and got matched for 120k dollars. Would like to know if Prodigy is trustable and how it works ? Please share your experiences. [link] [comments]  |
| Can I pay off a siblings defaulted loan for less than its principal? Posted: 29 Sep 2021 03:17 PM PDT A sibling of mine defaulted on their student loan. In 2015 their loan was bought by a State Guaranty Agency, which I understand to be a collections agency (is that correct?). At that time their loan was about $10,000. My sibling at that time had left the US, and has not returned since. The collection agency has no way of contacting them. I want to pay off the student loan for my sibling to help repair their credit and give them the possibility of being able to move back to the US someday. Looking online it appears that there may be the ability to negotiate with the Guaranty Agency to pay a smaller sum than the principal of the loan. Some people seem to even suggest I could open the conversation by offering to pay 10% of the loan principal. Is that at all a possibility?? If so, how should I go about this negotiation and notifying the agency I want to pay off someone else's loan? I worry I should not disclose my relation to the individual as I don't want to be harassed for their contact info. Honestly any advice would be greatly appreciated. Thank you! [link] [comments]  |
| Do co-signers get notified if you make payments? Posted: 29 Sep 2021 08:34 PM PDT sorry if this is a dumb question. i'm currently in school so i haven't made any payments yet as their deferred. i got a private loan 2 years ago and a family member co-signed. i can start paying it off now but would prefer they wouldn't be notified (legal ways just don't want them to know) and was curious if they get an email if i make payments. [link] [comments]  |
| Can I refi one specific loan in a group? Posted: 29 Sep 2021 03:35 PM PDT Does anyone know if I can refinance just a specific loan group as opposed to my entire bundle of loans (7 separate loans in total)? My loans are serviced via NelNet and mostly are smaller subsidized loans with decent rates. The exception is one unsubsidized loan at 6.8% that accounts for almost half the total loan amount. I'm not particularly worried about the other groups of loans but this one due to it's higher amount and high interest rate is a trouble maker. I know I can pay extra principal on specific loans, but is it possible do to a refi of just a one specific loan amongst all of them (I know this would of course result in two loan payments with a higher total than what I pay monthly now but that's not a concern). Thanks for any advice! [link] [comments]  |
| Is there a way to make a once-a-year payment? Posted: 29 Sep 2021 06:36 PM PDT I am ~$33k in the hole after obtaining my BS in May 2018, all federally serviced. Haven't had to make much in the way of payments since I graduated due to the timeline of my graduation, certain global events, and all federal loan repayment being paused until Jan 31st 2022. I have recently had a family member reach out to me and graciously offer to pay the entirety of my student loans off. Their preferred method is in the form of annual $5,000 payments, made in a lump sum so that monthly payments are not required to be made during the other 11 months of the year until the entire balance is paid. There is no clear way to achieve this repayment method change through the MyFedLoan platform to my knowledge. My question is - has anyone made this arrangement with federally serviced loans previously? Is this even possible or plausible? Any and all insight or experience would be so greatly appreciated!!! [link] [comments]  |
| Posted: 29 Sep 2021 02:02 PM PDT Hi, I'm a transfer student at SJSU, I have received the maximum financial aid I can from school at this time. I need a little booster to get me through the rest of the semester before my next disbursement. I'm an in state resident and part of our EOP already. I don't have the option of help or a cosigner from family. My credit is eh okay, around 630. Is there anywhere I could get a loan? If I could just get like $3,000, even $2000 would make a big difference for me. It would pretty much make it through the semester. At least until I can find a part time job that will give me breathing room. Any suggestions would be helpful. I'm an Industrial Design major, and I shouldn't have trouble finding good work after school is done. [link] [comments]  |
| Tips for refinancing for expat Posted: 29 Sep 2021 10:25 AM PDT Hi everyone. I'm just wondering if anyone has experience refinancing private loans while living abroad. I'm in the UK and am looking to refinance once I finish my masters. Any recommended lenders? Did you need an American co-signer? Any advice would be helpful. [link] [comments]  |
| Posted: 29 Sep 2021 01:52 PM PDT I have to start paying back my student loans next month. Given the current state of whatever is happening with politics and upcoming government shutdown, am I still under obligation to pay them? What are the consequences if I don't? [link] [comments]  |
| Posted: 29 Sep 2021 01:37 PM PDT |
| Would starting my payments again end forebarance? Posted: 29 Sep 2021 12:16 PM PDT I've been trying to get approved for a home loan and since fedloan is in forebarence because of covid, they are using a percentage of the total amount which is way above my actual payments. Around 350 estimated vs 75 dollar monthly payments before covid. This has been limiting what I've been able to get approved for because it makes my monthly expenses seem higher. If I start paying my billed amount again would it end the forebarance and allow me to restart my billing cycle to fix this problem? [link] [comments]  |
| 120k+ in Sallie Mae loans. Need to refinance. Posted: 29 Sep 2021 12:05 PM PDT Being young, dumb, and not knowing anything I have a lot of Sallie Mae debt for undergrad. (Not to mention government debt from law school) I've been denied refinance options from some of the big names like Earnest etc. I have applied for whole amount and for parts of it. Last time I applied one of the reasons I was denied was "too many credit checks in last 12 months" (all of which were done by the refinance companies btw). I have a good credit score and make a decent salary as a public interest lawyer in NYC. Does anyone have any advice on how to refinance? I just absolutely need to lower these monthly payments. [link] [comments]  |
| Rates of students loans show 0%? Posted: 29 Sep 2021 10:32 AM PDT I want to make a payment on my loans before the Covid deferral is over. I want to make the payment on the higher interest but website shows 0%. Anyone know how I can figure out the rate of my loans? My loans are with Navient. [link] [comments]  |
| Advice on my plan to pay down my loans faster? Posted: 29 Sep 2021 09:45 AM PDT So, I've been trying to do the math to figure out the best way to pay down my student loans as quick as possible while also being able to eat regularly. I figured out that I could make a smaller payment every two weeks and actually come out as paying 13 months' worth of payments in a year if I did half-payments. If I did a 3/4 payment every two weeks I can pay down all loans in a little over half the time (5 years and 7 months, accounting for interest rates and excluding my plan to use part or all of any tax return money I receive [depending on amount] as an extra payment to my principal) and pay an average of $400 a month. I'm not experienced in thinking about these things, so what I wanna know is, am I being ridiculous? Is this idea totally off, or could it actually work? It feels too easy to be true. [link] [comments]  |
| Saille Mae Smart Studen Loan (Fixed or Variable) Posted: 29 Sep 2021 08:16 AM PDT Which one is best? Variable - Interest rate: 12.250% - Monthly payment while in school: 0 - Monthly payment after leaving school: $676.46 (180 months) Fixed - Interest rate: 13.625% - Monthly payment while in school: 0 - Monthly payment after leaving school: $754.78 (180 months) [link] [comments]  |
| Can someone advice? I’m lost in the sauce… Posted: 29 Sep 2021 04:17 AM PDT I have 5 different loans totaling about $29k. I do not qualify for the extended graduation repayment plan so I am considering consolidating my 2 lowest interest loans and refinancing my 3 highest interest loans. My goal is to pay off the highest interest loans asap and work my way down (avalanche style). Is this a good idea for achieving the lowest minimum monthly payments while also giving me the opportunity to pay more each month? [link] [comments]  |
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