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Reply to "I owe $125,000 in private student loans to one institution. How to get them to settle?"
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[quote=Anonymous]You can call them and ask them if you can do a graduated repayment program. My husband and I started out with close to $450,000 in law school debt and began payback initially with a graduated repayment program, which meant that we paid less at first and then more as we made more money. I feel for you. This is a really tough road. In my experience, they won't "settle" with you. You may be able to stretch out the payments though. I think you need to try to make more money and see if your family can help at all.[/quote]
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