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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]Well, first things first. Get out of admin and get onto the floor. You can work night shift and make good money, and then pick up a per diem job for another 12-24 hours a week. You can surely live on that. Find a nice older person who will feed your kid dinner and put it on the school bus in the morning: you can get a slightly bigger place and offer room and board for child care. Since your kid ought to be at least 10 by now, they don't need all that much supervision. My rough math says that after loan payments and before taxes, you have about $3500 to live on monthly. Since you are single head of household, you don't pay all that much tax. Eat peanut butter. I'm short on sympathy: you had a perfectly marketable skill and went on to 6 more years of school. You surely weren't 17 at that point. [/quote]
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