penelope asked:
Hi, my student loan is still over 60000k and I work part time, Im a teacher, but looking for work. I know i made the mistake of borrowing that much money without thinking, but how did i live with it now? How did you do it? I’d let to get a mortgage, but my loan is over 900/ month and it will be for 13 years. It hinders me and espeically in terms of relationships. I dont want to bring this amount of money into a marriage. it’s not fair to the man. any thoughts?
ronniet Personal Finance Mistake, Much Money, Relationships
Mark M asked:
I am a graduate student and I am 33 years old. The only information I can locate is geared towards young students. I have a crippling amount of credit card debt but I am currently enrolled in a graduate program and I am eligible for enough excess student loan money to pay off the credit card debt. I realize this is simply “moving debt” but student loans are far more forgiving, can be delayed until after I graduate, and carry only a fraction of the interest rate. Why would I not borrow the maximum allowable amount on a student loan, and apply it towards high interest credit card debts now? Anyone have any ideas? Much appreciated!
ronniet Personal Finance Credit Card Debt, Fraction, Loan Money
SB asked: I am graduating from law school, and, contrary to what everyone says, most lawyers don’t make a lot of money. I have about $150,000 in student loans, and they are all over the place. Some are subsidized government loans with low, fixed interest rates. Some are private loans with high variable rates. I need to figure out which loans should be consolidated, how to get low monthly payments, and when I should start saving.
My question is: which financial advisers are the best for helping to get out of debt? Is there anyone who specializes in student loans?
Answers relevant to Cleveland, Ohio would be nice, but not necessary if it’s a big, national firm.
ronniet Personal Finance Cleveland Ohio, Money, Student Loans
thatpolishbassplayer asked:
So I applied for a student loan, and I was happy because they accepted me, and later that week I recieve a letter telling me my interest rate is 12.5% I was wondering if I can not accept the loan or what before school starts!
ronniet Personal Finance Loan Interest Rate, Loan Rate, Student Loan Interest
Arsh S asked:
Im 24 years old.. and have a little less than 10,000 in federal student loans. My husband and I would like to start saving for a house…my question is..should i save for the house or pay off my student loan first , i believe i have a 4.5% or 3% interest rate on that.
I have a few hundred dollars left over each month after all the bills are paid.. that can go there…
whats the best option for me?
ronniet Personal Finance 24 Years, Federal Student Loans, Interest Rate
morgiesmom asked:
Single parent, enrolled in college. I have current credit card (high interest). I am trying to figure a budget so I know how much I need to apply for (student loans). I have qualified for Pell Grant, but this will not be enough to live off of. I will work part time and attend school full time. Please help with any advice or experiences you have.
Related Blogs
- Related Blogs on Is it smart to pay off current credit cards with student loan?
ronniet Personal Finance Credit Cards, Smart Credit, Student Loans
MBC-Mack asked:
I’ve gone back to school and I got a letter saying I have the option of putting my student loan into deferral. When in deferral is interest accruing? Is it APR or EAR?
ronniet Personal Finance Deferral, Student Loan
dukiduke asked:
I’m going to graduate from college with about $100,000 in student loan debt, and with companies checking prospective employees’ credit before they hire them, how much of an issue is that going to be?
I still have a good credit score (~690-720) and no credit card debt or car loans and never had any late payments.
ronniet Personal Finance Credit Debt, Debt Loans, Finding A Job
joandnhm asked:
My student loans are in default and I need financial and legal advise as to how to deal with this.
ronniet Personal Finance Lawyer, Legal Advise, Student Loan
