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HELP! I have somehow managed to rack up a lot of student debt. Debt relief?

Saturday, January 24th, 2009
Debt relief
D Green asked:


Okay so I was told I had to go to college otherwise I’d be poor the rest of the my life…..soooo what did I do, I went to college!!!
I have about 44,000 in private laons which they charged me interest of 7,000 throughout the last 4 years.
Plus i have a about 15,000 that I am paying back to my school with government loans. This is ridiculous….I feel like my life is over. Come to find out, I find that I could have went to BYU with an accounting degree, and pretty much garanteed myself a job for only about 1900 a semester!

What the heck! How do l get help paying off this debt. I wish I had parents that knew what they were doing when it came to money cuz i didn’t know anything back then….
I have 12,000 in the bank…so I am going to take that and pay off one of my loans….my dad said he’d pay off one for 4,000 right now…. so hopefully I can get my monthly payment down to 350 a month….
Should I consolidate? I wish I could reduce the debt. HEELLLP ME!!

Dawn

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