Anybody get rid of student loans??

[subluxfxr]

I've heard of negotiating the student loans down to something more managable. I realize you cannot discharge them via bankruptcy anymore, but there is someway to lessen them...isn't there?

 

[Lestat]

You can consolidate them and put them on a 30 year payment plan.

 

[samoth]

I've heard of negotiating the student loans down to something more managable. I realize you cannot discharge them via bankruptcy anymore, but there is someway to lessen them...isn't there?

Yeah... not wasting your college time completing a TTT major with no employment prospects.

 

[Lestat]

that reminds me, I still have some fuckin student loans. I should pull some money out of this tanking market and be done with them once and for all

 

[subluxfxr]

Ya...looked into consolidating them at 6.8% and the payments are RIDICULOUS. I have well over 100k in loans, just graduated and am currently in my "grace" period. Its overwhelming trying to figure something out with all of it.

 

[needtogetarmy]

Bankruptcy is rarely an option. The new code in 2005 totally eliminated bankruptcy as an option for school loans.

 

[Lestat]

Ya...looked into consolidating them at 6.8% and the payments are RIDICULOUS. I have well over 100k in loans, just graduated and am currently in my "grace" period. Its overwhelming trying to figure something out with all of it.

wow that rate is WAY too high. I consolidated mine to 3.75%

 

[jnevin]

Bankruptcy is rarely an option. The new code in 2005 totally eliminated bankruptcy as an option for school loans.

I think they can be included in a Chapter 13, but yeah. I think you'll get over teh herp before you are able to bail on those loans.

 

[GUARDIAN]

You can consolidate them and put them on a 30 year payment plan.

i did this. it is like i have 2 house payments now. i should just keep taking classes. it would be cheaper but then no gym time

 

[roy2]

wow that rate is WAY too high. I consolidated mine to 3.75%

Probably because consolidation rates used to be lower then they are now. My undergrad is locked in at 3.125%. Too bad I am applying to dental school which will cost over $200,000..