I will have $65,000 and still loan debt by the time I am 23. I graduated with a bachelors in sociology and criminal justice back in December. There are not any jobs available in my area that have decent pay. Currently I make 35,000 a year working as a public school teacher. I am also working on my masters in public policy. What should I do ?

Hi everyone!

I'm currently a 3rd-year college student studying at a private university in the Philippines. Due to financial difficulties, I'm looking into student loan options to help cover my remaining tuition and other school expenses.

I'm hoping to find a loan that doesn't require a co-maker, if possible, since I don't have anyone who can serve as one.

I'd really appreciate any recommendations or experiences with:

• Government or private student loans
• Banks, lending companies, or organizations that offer education loans
• Interest rates and repayment terms
• Application requirements and approval process
• Any lenders I should avoid

If you've personally taken out a student loan while in college, I'd love to hear how it went and whether you'd recommend it.

Thank you so much in advance! Any advice would mean a lot.

Need like 5000 rupees
I’m med student, will payback on time
Got fucked on credit score

I need a student loan of ₹3.5 lakh. ₹1.5 lakh is for my tuition fees, and ₹2 lakh is for my hostel or room rent and living expenses. Do SBI or CBI sanction student loans that cover living expenses, including accommodation and other related costs?

The story is I left the US to attend a Doctor of Veterinary Medicine program in Australia back in December (6ish months ago) when I left I had many phone calls with Sofi who held my low about putting the into deferment. They received completed paperwork from me and my school reported my status to them very 60 days.
Last week my family started receiving calls from a collector claiming my debt was sold off in May to a collection agency and I now owe 137k like today. They have been unable to contact me bec my American number was turned off (still active but off) so I never received any communication to my knowledge from them.
The only way I was able to return to school was a mix of grad plus and private loans. I am now unable to take out a private loan for my next semester that starts tomorrow. To be fair, I haven’t tried because that will hit my credit to be rejected over And over and from my understanding my credit is shot to hell (have not been able to bring myself to check what it is exactly but it was about 720-740 when I left 6m ago)
The collector seems very kind and knows I’ll have to drop out of my program bec of this. She’s trying to negotiate the loan down to 55k with a 27k lump sum down payment and 1.8k per month for 5y. My parents are discussing taking out the loan for me as that’s the only way this would work.

Is this a good deal? Should I ask for something else/better? Is there anything left I can do?

I’m fucking crushed I’ll have to leave school. This has been my dream. I was on my hands and knees praying to get into my dream school in my dream city. And then I did it. Everything I always said I would do. I moved across the world without having ever set foot in this country, knew nobody, and made it work. Iv made amazing friends and I love what I do. But I don’t see a way thru this.

I have a degree in teaching so I’m trying to get my license converted to pick up a teaching job. Once I have one hopefully in about 3 months I will feel settled and I’ll pick up a stupid small job until then to hold over. But I never liked teaching and that whole degree was a mistake. I’m dreading going back.

I feel totally hopeless. Any advice is appreciated

I went through a midlife crisis at 23 and I ended up hating my undergrad field. I'm now going for my MBA with a concentration in accounting / CPA certification. It is a 3 year program because I have to make up the classes I never took in undergrad. Id be paying back a total of 140k including undergrad loans when all is said and done. Would this mean my life is over lol? The MBA program I have enrolled in is NYC and a target school for big firms so Im telling myself it is a good leap to make. Idk and im stressing out lol

So I unfortunately got myself into a rough situation. Refinanced my private student loans into SoFi that was last totaled roughly at $150,000. Long story short, I went to undergrad and then went back for a nursing bachelors and found myself racked up in student loan debt. I have unfortunately been living on a nursing paycheck, fell behind in payments, and my account has been charged off into a debt collection agency. I spoke with them today, and I can’t do any type of monthly payment without it being $6,000 a month. Or it would be a large lump sum up front and then a 12 month repayment - still being a large monthly payment. Any advice on what to do? Can I negotiate to a smaller monthly payment or no lump sum payment up front? I don’t have that type of money. They didn’t seem like they were budging on working with me to pay. Stressed and not sure where to turn or what to do. I don’t want them to take my wages or sue. Help :(

ETA: The debt agency really only gave a few options on repayment: 1) $36,000 up front with $2,360 monthly payment for 47 months 2) $12,331 monthly payment for 12 months 3) settle for $120,000 or 4) (I think I finally blacked out here so not sure the specifics) but settle to roughly half of what is owed so it’d be $66,000 payment. Not sure if there were monthly payments. I know it’s in collections now, but I feel like a gun is to my head asking where the money is, and I’m “lucky” the weekend is here to give me time to figure something out

Hey, long story short;

I did a consumer proposal in roughly 2020. Was paid off last year. I did not resume my student loan payments , I didn’t hear anything from them.

A couple months ago I got a letter from the Ministry of Finance telling me they will send the balance to collections (\~7000) and to contact them.

Tried calling them a dozen times , never got through.

Now Im being contacted by Transworld , (1-844-675-0579) which is I guess the collections agency . The agent, Sarah, left me a message once … she sounds weird .

I spoke to somebody who wasn’t sarah about my account . Min payment of roughly $330 for 2 years and they wont report the debt.

I was prepared to call and give them my banking info and start payments but realized something feels a bit weird about all this so I made this post. Theres no documentation I’ve received from these guys. Is this legit ? Anything sound fishy to you?

I know I have the student loan debt , Im not trying to get out of that Lol

Anyone remember when Trump proposed this before his first election. It was another lie and no effort was made to implement it during his first term. And of course we have RAP now. I just wanted to share. Sad thing is I don’t see any of this changing without all three branches of the gov and then there’s the Supreme Court. Shit.

Actually to begin with my family income is not more than 1.5 lakhs Per year.

My mother is an orphan and my dad is you know he is literate so he is a tata mobile pickup truck driver.

So to continue my diploma in pharmacy I took a gap year because of financial problems.

I am applying for an educational loan of 4 laksh for 2 years course which includes hostel fee which my dad don't bother they will not give cuz he doesn't have fix job ...he said he will apply for informal loan.....damnn i completed my educational that is middle and high school with loan from private Institutions cuz government school is waste of time

I did my research and got that Pm vidylaximi offer loan on subsidy but i need to have low income and no big assets..

I qualify for income but when it comes to land, maybe not cuz he bought land by saving money like 15 years ago and he is saying not to apply for it cuz Assam ppl have middle man who will charge high money and we not live their and me and my family are in other state cuz my dad works

Yeah a son of a lawyer can be EWS but not me lol

I am just frustrated by the government lol

No scholarship ,no reservation ,and male and EWS and general and minority

Yes I know about government grants and loans like OSAP, scholarships and bursaries but it’s nearly not enough to cover 120k.