Comments on: The Truth About Student Loan Debt

By: Bryant Isbell

Bryant Isbell — Mon, 16 Jan 2012 08:30:47 +0000

I totally agree. Which is why I’ve decided not to go back. Of course I’ve already got 10k to pay back but hey it could be more.

By: Jenine

Jenine — Mon, 14 Nov 2011 00:47:18 +0000

Student loan hell is right. My mom went to college for ten years because she took some time off in between to take care of my sister and me. After she graduated from Morgan Univ. (which is supposed to be one of the most superior black colleges in the US), the loan company she borrowed from (Sallie Mae) harassed her like crazy. She had jobs in her field here and there from late 2004 to mid summer 2006, but after that she couldn’t get another job in her field. As a result, her credit became messed up because of these school loans and she had to work minimal wage jobs like cashier and so forth. There was no way she could pay back those huge loan bills!

By: Ellis Nebel

Ellis Nebel — Fri, 18 Mar 2011 04:00:05 +0000

I have learned some important things as a result of your post. I would also like to express that there can be situation where you will apply for a loan and don’t need a cosigner such as a Government Student Support Loan. But if you are getting a loan through a conventional financial institution then you need to be prepared to have a cosigner ready to assist you to. The lenders are going to base any decision on a few issues but the greatest will be your credit rating. There are some loan providers that will furthermore look at your job history and determine based on that but in many instances it will hinge on your scores.