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11 months ago
in Think the credit crunch is over? Ask a college student. on Blown Mortgage
Any suggestions on where to go to get help or direction on paying back student loans after graduation when your starting salary is no where what is needed to pay the loans, rent, car and car insurance let alone charge card debt. I've looked into consolidation, refinancing, etc and the banks want a high interest rate which means payments I can't afford for 30 years. At this rate I'll be done with my own loans just in time to start paying my own kids!!! Any suggestions would be greatly appreciated.
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3 replies
BAYCNJTANG
The Army National Guard has a program to address this issue. Can you say "HoooRaaa" ?
wolfgan
If you have some sort of useful degree, i'd look at leaving the country and go work in the middle east. Saudi or Dubai. They pay well and they are still looking for people. Whether you pay back the loans or not is up to you. At the rate the US is going into the dumpster because of these banking types, you may not have to.
Sabre
Sabre
sure i'll be done with those just in time for my son to get his as well.
amazing. we can forgive poorly-gotten mortgage debt but not debt used to
educate our workforce.