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

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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]I am enlist in the military. What if I get deployed? What exactly will I do with my kid?

I worked full time when I was in school - well, practically full time. The choices of schools I had to go to we're limited because I neede to take the nursing courses at night, and do evening and weekend clinics. The community colleges (this was in MNat the time) did not have the option of doing nursing classes and clinicals on evenings and nights. In fact, it was the only school in my city (where I used to live) that offered that type of program.

The 125 K was not the amount of the loans that I borrowed. It's the payoff amount for all of the loans if I were to pay them off today, with the capitalized interest. It was a 3 1/2 year Associate's program. That's less than 40k per year. Books were 700 a semester. I had to pay a sitter for when I was in school. I did not take any private loans after my associate's program. I did take federal stafford loans throughout my program, but they didn't even cover half the cost of tuition.[/quote]

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