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][quote=Anonymous][b]OMG People, give this woman a break. Are you freaking serious? Do you know how hard it is to be a single mom and go to school and be 17? I am a single mother, I am 30, I tried taking classes online for my job and I couldn’t do it, I had to withdraw. Thank God I had my degrees before being a mother! Do you guys remember what it’s like being 17 with zero guidance??? This woman was put out of her house and had probably never been on her own before, found herself with a baby and ZERO guidance about wht to do, of course she will fall for the first person telling her, just sign here and you will get an education. At 17, I had my parents guidance while choosing a college, a major, everything and I probably would have made poor choices if I were completely on my own with a baby! Yes, she did not understand at 17 the implications of these loans, I am pretty sure if she had, she would not have taken them. Kuddos to her for turning her life around and trying to better herself, and you know what, she might freaking save your life one day while you’re laying in some ER, the horror [/b] :roll:  :roll: 
Op, i don't have much advice but negotiation? Is there a way you can call the companies and tell them you need to drop the monthly payments because you can not afford them? There has to be some sort of payment they offer to people who can not afford a high payment of $1800 a month. Try to contact some nonprofits who help people with debt repayment programs, they also might be able to guide you or at least call these companies and get a lower payment on your behalf. Good luck to you[/quote]

I agree with all of this.  And yet, I can't find in here one single reason she should not have to repay her loans.  [/quote]

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