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 agree with you. The question now is not how you got where you are; it's how to get out of the situation you are in. Hindsight is 20-20 and many of us would have done things differently in the past if we knew what we know now. However, we did not.

This might not be the right forum to ask your question. I like the Money Mustache forum. While the focus of the forum is on people trying to save enough money to retire early, the financial advice on how to make a budget and get out of debt is often good.

Michelle Singletary, who writes a financial column in the Washington Post, has weekly online chats on washingtonpost.com and her focus is helping people get out of debt. I think she has a lot of common sense that people find useful. I forget which day her chats are on, Thursday or Friday I think, but you should be able to find them on washingtonpost.com. She may be able to direct you to some sources of help. I understand that some people have found Dave Ramsey helpful as well (he has a website and a plan) but I haven't personally looked at his materials in any depth. [/quote]

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