Private Student Loan Debt—Can you answer this?
Victoria w asked:
I owe almost $100,000 in student debt, $80,000 of it being private. When you add up all my payments, i will have to pay $1,300 a month. Someone suggested that I consolidate my loans for a lower interest rate and payment, but no one is offering consolidation because of the economy. I have no idea what to do and know very well that I will not be able to make my loan payments and regular bills when I graduate. I am in big trouble!!!
Shannon
I owe almost $100,000 in student debt, $80,000 of it being private. When you add up all my payments, i will have to pay $1,300 a month. Someone suggested that I consolidate my loans for a lower interest rate and payment, but no one is offering consolidation because of the economy. I have no idea what to do and know very well that I will not be able to make my loan payments and regular bills when I graduate. I am in big trouble!!!
Shannon
Tags: Interest Rate, Loans, Student Debt