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Reply to "Defaulting on student loan? "
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[quote=Anonymous]Yeah, the idea that he is going to go back to school and take on MORE debt is the most worrying one! And that he is apparently earning so little now because he is working an entry level job in that new field - indicating he is not working up to his earning potential, and that this new field is low paid too. He needs a reality check about finances. Even if you guys could some how scrape up and extra 600 every month to service the existing debt, that is at the cost of everything else - retirement, house, emergency savings. Now is not the time to take time out of the workforce or take on more debt!!! Unless his new degree has a really good chance of a high paying job it is a horrible idea.[/quote]
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