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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]Your best solution may be to default on your loans and wait until the statute of limitation passes and they can't collect the private loans. This will kill your credit for a long time (and you should make sure that it will not impact your job). But considering you cannot use bankruptcy, this may be your only option. I would also consult a bankruptcy attorney first to see if you qualify for an "undue hardship" discharge.[/quote]
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