What if a loan were taken out in 1996, the principle plus an additional 60% of the principle has been paid, yet leaving a current balance of 83% of the original loan remaining? Sounds impossible? Well that’s my and many others’situation. Would this bill help or is there existing options that would allow loan forgiveness? Sallie Mae, with whom my loan resides, is reluctant to respond to my inquiries about legal and available forgiveness options that may exist. My account is indeed a cash cow for them with no end in sight to repayment of nearly $400/mo.
What if a loan were taken out in 1996, the principle plus an additional 60% of the principle has been paid, yet leaving a current balance of 83% of the original loan remaining? Sounds impossible? Well that’s my and many others’situation. Would this bill help or are there existing options that would allow loan forgiveness? Sallie Mae, with whom my loan resides, is reluctant to respond to my inquiries about legal and available forgiveness options that may exist. My account is indeed a cash cow for them with no end in sight with repayment of nearly $400/mo.
Heres a new concept…they made the loan, they can pay it off!!!..Last time I checked, a college education is is a choice, not a requirement. maybe if you couldn,t afford the loans..you should have postponed ur education for a job. yep my daughter has her masters, my son his P.H.D..but old dad is the only one..with a J.O.B!!!
Prince Robert: You’re ASSUMING the loans were legal; you know what happens when you assume. Removal of said Standard Consumer Protections AFTER the student signed the loan contract illegally violates well-settled Contract Law, insofar as it *changes* the terms of the Student Loan Contract AFTER it was signed. This is illegal, and would get shot down in court were it any other group, other than “small and voiceless” students who have no political clout. For further info, point your web browser to the link on my name here -to see how this has contributed to a SPIKE in Student Suicides, for the first time in our nation’s history.
What if a loan were taken out in 1996, the principle plus an additional 60% of the principle has been paid, yet leaving a current balance of 83% of the original loan remaining? Sounds impossible? Well that’s my and many others’situation. Would this bill help or is there existing options that would allow loan forgiveness? Sallie Mae, with whom my loan resides, is reluctant to respond to my inquiries about legal and available forgiveness options that may exist. My account is indeed a cash cow for them with no end in sight to repayment of nearly $400/mo.
What did you get a degree in and what do you do now? Just curious…
What if a loan were taken out in 1996, the principle plus an additional 60% of the principle has been paid, yet leaving a current balance of 83% of the original loan remaining? Sounds impossible? Well that’s my and many others’situation. Would this bill help or are there existing options that would allow loan forgiveness? Sallie Mae, with whom my loan resides, is reluctant to respond to my inquiries about legal and available forgiveness options that may exist. My account is indeed a cash cow for them with no end in sight with repayment of nearly $400/mo.
Heres a new concept…they made the loan, they can pay it off!!!..Last time I checked, a college education is is a choice, not a requirement. maybe if you couldn,t afford the loans..you should have postponed ur education for a job. yep my daughter has her masters, my son his P.H.D..but old dad is the only one..with a J.O.B!!!
Prince Robert: You’re ASSUMING the loans were legal; you know what happens when you assume. Removal of said Standard Consumer Protections AFTER the student signed the loan contract illegally violates well-settled Contract Law, insofar as it *changes* the terms of the Student Loan Contract AFTER it was signed. This is illegal, and would get shot down in court were it any other group, other than “small and voiceless” students who have no political clout. For further info, point your web browser to the link on my name here -to see how this has contributed to a SPIKE in Student Suicides, for the first time in our nation’s history.