My daughter got a student loan years ago very stupidly when she was young. It was a complicated situation. Is there a way of having it reduced even? How can she find out?
2006-09-11 13:19:40 · 7 answers · asked by Sandra W 2 in Education & Reference ➔ Financial Aid
I know you don't want to here this, but there is not much chance of getting out of it so late. I know, though, that if she is going into law if she agrees to work for a law firm some will pay 30% of the loan and I think this applies to other careers. Look into the field she is going into and look for possible employers willing to pay.
Good L:uck
2006-09-11 14:15:27 · answer #1 · answered by Carolino 1 · 0⤊ 0⤋
you could defer your student loans by ability of enrolling in college, or declare a hassle which incorporate won't be in a position to hit upon a job and your quite are looking. Your loans may be discharged which incorporate permantely disabled. in spite of the undeniable fact that, not paying back your scholars loans merely considering which you do not pick to pay it back does not fly. think of of it like this, somebody components hundreds of greenbacks to circulate someplace, at a low activity, components various clarification why to hold off charge, and then does not ask for money till finally you u provide up giong to college., and you do not pick to pay it back considering which you merely do not pick to? seems selfish. i'm rather particular in case you gave somebody 10 money, you will possibly pick it back, so why not 10 hundred heh? additionally, no, you nevertheless owe those loans whether you circulate in a distant places u . s . a ., that promissary notice is legally binding, and is nicely known exterior united statesa.. Your lenders might jus tput you default, and then injury your credit for an exceedingly a protracted time. in short, hit upon a job, and a minimum of attempt to make solid on your promise.
2016-10-14 21:48:34 · answer #2 · answered by ? 4 · 0⤊ 0⤋
No I'm Sorry you Cant get out Of paying Back a student loan, Trust Me If there ways a way I've Would of Done it Last year!!
2006-09-11 13:26:09 · answer #3 · answered by Tony C 2 · 0⤊ 0⤋
Get a new identity? Really there is no way to get out of it, the bankruptcy will keep the student loan people at bay for a couple of years but they get paid the govt makes sure of that. If she moves around alot she may keep them off her back for a little while but when she files taxes they will find her. And eventually they will take her to court and garnish wages and take her tax refund checks.
2006-09-12 09:06:46 · answer #4 · answered by rdwoelfe 3 · 0⤊ 0⤋
I don't think there is unless you are planning on staying in school the interest will still build up. if she has other bills she is paying back from her education then you may try consildation counseling or go to a financial aid person on any local campus and see if they can help.
I hope for your daughters sake she gets this straightened out.
2006-09-11 13:33:36 · answer #5 · answered by deahwest 2 · 0⤊ 0⤋
What is the problem with doing things the good old fashioned way? JUST PAY IT BACK! The money was obviously used somewhere, correct? Is there any way to get a free house, car, etc.?
2006-09-11 13:50:18 · answer #6 · answered by knownothing 4 · 0⤊ 0⤋
If she has completed school she can go into the military or police force and they will pay off the loans.
2006-09-13 09:54:13 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Going bankrupt would work short term, but you will eventually have to pay back a portion, and no company will ever think of giving you a credit card or morgage..
2006-09-11 13:21:16 · answer #8 · answered by Black Sabbath 6 · 0⤊ 0⤋