I owe $125,000 in private student loans to one institution. How to get them to settle?

[Anonymous]

Anonymous wrote:

Anonymous wrote:7a-7p three days a week isn't ungodly.

Actually it is. I can find care from 7:30 to 6:30, but definitely not 6:00-8:00 with a commute.

Au pair?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP -Can you answer the poster who suggested joining the military for loan forgiveness. I also think it is a great option and am interested to hear what you think.

Thanks

Some (all?) branches don't let single parents enlist.

Air Force accepts single parents. Policy change in 2013. Not sure about others.

Pp here adding on - just remembered that my friend, a single mom, joined the navy reserve last year as a single parent.

What happens if she gets deployed? It does not sound like there is a father involvement or that OP has any family support at all.

When I was dating an Army officer seven years ago, if you had dependents and no plan for who would take care of them, you did not deploy, even if your unit did. You stayed home (I think it was called rear detachment), and managed things that needed to be done at your home post. This was not looked highly upon, but it was an option. If OP was a military nurse, she would probably continue to work in the infirmary on post.

I never asked about letting single mothers join though.

[Anonymous]

Anonymous wrote:When I was dating an Army officer seven years ago, if you had dependents and no plan for who would take care of them, you did not deploy, even if your unit did. You stayed home (I think it was called rear detachment), and managed things that needed to be done at your home post. This was not looked highly upon, but it was an option. If OP was a military nurse, she would probably continue to work in the infirmary on post.

I never asked about letting single mothers join though.

uhhhh, ok, thanks.

[Anonymous]

That kid is in school by now: you need care from 6-8 and then afterschool-8. Not really as long as you might think.

There are actually really sweet caregivers who work with nurses. OP might need to move out of the metro area, though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP -Can you answer the poster who suggested joining the military for loan forgiveness. I also think it is a great option and am interested to hear what you think.

Thanks

Some (all?) branches don't let single parents enlist.

Air Force accepts single parents. Policy change in 2013. Not sure about others.

Pp here adding on - just remembered that my friend, a single mom, joined the navy reserve last year as a single parent.

What happens if she gets deployed? It does not sound like there is a father involvement or that OP has any family support at all.

When I was dating an Army officer seven years ago, if you had dependents and no plan for who would take care of them, you did not deploy, even if your unit did. You stayed home (I think it was called rear detachment), and managed things that needed to be done at your home post. This was not looked highly upon, but it was an option. If OP was a military nurse, she would probably continue to work in the infirmary on post.

I never asked about letting single mothers join though.

It depends on the unit and branch. My husband was air force and it was tuff luck, you go. You get kicked out if you do not go and often, they would not take single parents without a clear plan in writing for deployment. The point of the military is to fight wars so you deploy. Or, become a fed contractor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:To people advising that she defaults, she has a full-time job, they will just sue her and garnish her wages

+100

And qualify for welfare

[Anonymous]

Actually, your child is by now a teenager. You don't need child care at all. Should be able to get to school by self. That makes the $3500 a month even more doable, and why aren't you getting child support? Quit whining and pay up

[Anonymous]

How about if they say we will take back the degree we gave you?

Tha tis fair, you have been using their degree to make money yet you don't want to pay. Sort of like a repo man.

You signed the deal, you know what you were getting into pay up or return your degree.

I think more schools should be allowed to do this.

[Anonymous]

OP: What an entitled whiner you are!

[Anonymous]

Anonymous wrote:I feel for you somewhat. But you had to know that "private" school of any nature was going to be more expensive then public. I think even 17 yr olds get that concept.

As for getting rid of the debt - charge your living expenses on credit card but continue to pay your loan then declare bankruptcy to clear your credit card debt? Not saying it's a great or good solution but it is a solution.

YUP!

[Anonymous]

you can't join the military as a single parent.

[Anonymous]

This may sound dumb...go back to school to become a nurse practitioner. The National Health Service Corps will pay off your student loans as long as you go into Family Practice, OB, Peds, or Internal Medicine in an underserved area (DC has a bunch of places that are underserved). You can usually pay off everything in about 5 years. They give you $50,000 for the first 2 years, and then $25,000 each additional year.

Signed a Family Physician who's BTDT

[Anonymous]

OP -- YOU NEED A LAWYER OR DEBT COUNSELOR.

I don't know why people are speculating about statutes of limitations, etc. You need a PROFESSIONAL who can advise you whether to default, negotiate, etc.

Good luck. You worked hard to get where you are - it's going to take some time on the phone dealing w/ a lot of BS, but you'll find a solution. Buckle down and get it done! You can do it!