I have over $100,000 in student loans and am not making very much money at all. I'm barely able to pay my bills and there is no way that I can manage $1100 a month. I'm wondering what would happen if I just send in $100 a month until I start to make more money. I can't even afford HALF of what I'm supposed to pay! All of this college did not lead to a very high paying job. FYI: These are FEDERAL loans and have already been consolodated. I still have a year of unemployment deferment left and will use it if I have to. DOES ANYONE KNOW IF YOU CAN BE PUT IN JAIL FOR NON (OR SLOW) PAYMENT OF STUDENT LOANS? I know they can take tax returns, bank accounts, and even prevent you from getting certain kinds of government jobs. If I work as a public school teacher can they take my teaching certificate? I'm not trying to get out of paying these debts, it's just that I can't do it on their schedule!!!! I would be dying at $200 a month, and they want more than I can pay. Any REAL asnwers please!
2006-07-24
15:30:22
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6 answers
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asked by
Anonymous