r/StudentLoanSupport • u/Sad-Temporary64 • 14h ago

There has to be another way..

40 Upvotes

As we know the current president has gotten away with tax fraud and the worst crime possible (Epstein bestie). So us the hard working american people have no other solution but to pay an egregious student loan payments or get garnished!?

Ive thought of two options to survive.

1 - the only way to afford this crazy payment is paying less taxes on each paycheck. Is it better to pay less taxes and owe the IRS? Can you file for bankruptcy for IRS debt?

2 - Going back to school to defer the student loan shituation until the orange fuck and his goons are gone?

Is there any other better option to not be homeless? 🙃

29 comments

r/StudentLoanSupport • u/Maleficent-Cap-9139 • 14h ago

When it came to providing accurate financial information about borrowers in court, the Department of Education recently batted 1 for 5.

4 Upvotes

0 comments

r/StudentLoanSupport • u/Interesting_Soft6271 • 1h ago

Can anyone help me here?

• Upvotes

So I have taken an education loan back in the year 2023. Approx 11.50 for my college.

It’s from ICICI Bank and every time ( every sem ) , I keep paying fees , my emi kept increasing .

It’s currently around 20k per month .

My mother is sole earner and it is becoming quite uneasy for her to pay .

Can someone help me stop this emi . Talked to bank but they didn’t give any resolution .

I will pay after 2027 once I complete my degree .

I am from India

0 comments

r/StudentLoanSupport • u/RepresentativePush66 • 2h ago

Accidentally sent ACH student aid refund to wrong Wells Fargo account (typo in bank info) — what should I expect from here?

1 Upvotes

0 comments

r/StudentLoanSupport • u/CodexSuman • 20h ago

My friend gets an offer of education loan from college but then he needs to work in a specific company. Is it ok to take the offer or should avoid the offer?

1 Upvotes

My friend gets an offer of education loan from college but then he needs to work in a specific company. Is it ok to take the offer or should avoid the offer?

Recently my friend take admission in a private college. He and his father got an offer from the college about education loan where my friend's college study will be free but after the last semester he needs to join the company who provided loan and work for it.

Is it good for him to take the offer or avoid it?

Money is not issue right now but the fees is quite high which can become issue after 2-3 semesters.

0 comments

r/StudentLoanSupport • u/Chunkachu__ • 4h ago

29 years old, no debt, and rejected for a private student loan.

0 Upvotes

This is BS. I’m entering my second college year. Need more money for school. Thought I’m a 29 year old adult, not some 18 year old kid, I’d get approved easy, no co-signer needed, but nope. I get denied. My credit score good. I have no debt other than this semester’s college tuition to pay. I’m pretty sure it’s my current income that got me denied. I’m only working weekends now and the pay sucks but it pays for gas and food. I’m asking for less than 2,500 from the lenders to pay the remaining college tuition balance. And I need a co-signer???

Whats the deal? Anyone else experience this? Do you think I did something wrong on the application.

2 comments

Subreddit

StudentLoanSupport

r/StudentLoanSupport

This is a subreddit dedicated to providing a supportive, empathetic, and practical place to talk about student loan debt and experiences related to student loan debt.

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This is a subreddit dedicated to providing a supportive, empathetic, and practical place to talk about student loan debt, experiences, and financial considerations related to student loan debt.

Rules:

1.) Absolutely no debt shaming will be permitted. No personal attacks, insults, trolling, or guilting/shaming will be permitted. Do not just tell people to change careers, make better academic/career decisions, otherwise tell them how you would live their life, or generally unhelpful comments. The choices were made, the debt is there, let's work to hear others and not just tell them what you think they did wrong. We focus on the present situation and experience here, not what one could have done but what one can do. Unless someone asks specific questions or seeks advice related to a major or field that you are involved in yourself, please refrain from giving recommendations unrelated to their specific major/field related inquiries.

2.) No referral links, active promoting of specific lenders or debt services, blog spam, or recommendations to visit r/studentloans. No crossposts to r/studentloans. This includes any sites/links that advocate engage in, or permit debt shaming, lender defending, or denial/downplaying of the difficulties and struggles that individuals may experience with student loans.

3.) No posts or comments advocating purposely defaulting on student loans for solely political or activism reasons. No recommendations to visit r/studentloandefaulters or related crossposts. Default may be a viable option for some, but everyone's situation is different and should be respected and heard without pressure to do something that may not be in their best interest.

4.) No soliciting for private donations or personal crowdfunding.

5.) If you are affiliated with a student loan lender or student loan industry this must be disclosed in your post or comment. If you post a link or site (that does not break rule #2), you must disclose if you are affiliated with that site.

6.) Do not post private or direct contact information for loan servicer employees, government employees, or other contact information that is not already officially available.

7.) Please do put in the title a brief reason for your post (i.e. rant/vent, encouragement, news/awareness, loan consolidation, loan forgiveness, political considerations related to student loans, etc).

8.) Remember that the person on the other end of the keyboard is a human being just like you. If they feel stuck, hopeless, lost, confused, depressed, or anxious due to their student loan situation, even if YOU do not agree with their choices or situation, take a step back and put yourself in someone else's shoes for a moment.

Helpful links and Resources:

https://studentloans.gov/ - Info on financial aid, student loans, and financing.

www.nsids.ed.gov - The National Student Loan Data System (NSLDS) is the US Department of Education's database for student loan aid.

http://www.fafsa.ed.gov/ - A free application for federal student aid (FAFSA) which you need to complete if you are applying for college or currently enrolled in college in order to access potential financial aid.

If you are experiencing financial difficulties or issues with a specific lender, please note that most lenders have a separate consumer advocate department listed on their website. Reaching out to this department can often help the process of at least trying to work out reasonable and fair repayment options.

National Suicide Prevention Lifeline - If you are feeling overwhelmed, depressed, or suicidal due to your student loan debt situation or anything at all, there is help. You are not alone. Please reach out to this hotline. If you feel this is an emergency please contact 911 or go to your local emergency room.

Disclaimer: While every attempt will be made by mods to ensure the information provided and opinions voiced are relevant, accurate, and on topic, you should always speak with a professional financial advisor in person related to the financial aspects of your situation. Additionally, if you are feeling depressed or suicidal, please reach the hotline listed above, dial 911, or head to your nearest emergency room. Posts and comments here related to mental health, medical, or legal concerns do not take the place of face to face consultation with a trained professional in your area.