A few new ones:
Where do i begin? My student loans have been a pain in the neck since i left a 4 year college. It has destroyed my credit and it stresses me out. I went to a 4 year college back when i graduated high school in 2006. I didnt finish because the tuition went up and i could not afford to take out anymore loans on top of my mom being diagnosed with breast cancer. I took a year off to tend to my mother while also looking for constant work. that did not pay off. After about a year and a half i ended up going to a 2 year college where i did graduate but again finding work in my field as well as any other field was hard. To this day, I still have not found work in my field because no one wants to give you the opportunity if you dont have the "in office experience". After being frustrated with that and still dealing with my moms health, i ended up going to beauty school for 6 months. I applied for fafsa but due to my loans with shaw university, it was not able to pay full tuition so I still had to come out of my pocket $100 a month that i really did not have. I did not finish there because i ENDED UP GETTING PREGNANT and the reality of standing up on my feet all day did not comfort me. I do plan on going back to finish but the thought of applying for fafsa and it not being able to help me with tuition scares me. I am now back to being unemployed because my mom most recently has been dealing with neuropathy and other side effects from when she was taking chemo. My passion is doing hair but i cannot continue that education because my loans are holding me back. On top of being late with rent and utilities, i just dont have the money to pay back any loans which is why i keeping asking for deferments. If my student loans were forgiven, that would be a huge load off my back. I can finish following my dream on top of being financially stable to help my mom and family. I could also work on GETTING A NEW CAR for the car we have is no longer working and maybe even help my mom move to a better home. Having my loans forgiven will be the best thing that has happened to me, besides me having my daughter but i would be sooooo grateful and appreciative.
I have a good heart and I just dont want to worry anymore.
christina nolley August 13, 2015 charlotte, nc
- See more at: http://studentdebtcrisis.org/read-student-debt-stories/#sthash.cEcj0ABm.dpuf
Why do these people keep shitting out babies when they are broke?
I am a graduate of the now defunct Art Institute of New York Culinary Art program. I graduated in 2008 with all the hope and promise of being able to get a hands on career that would let my creativity flourish and allow me to build a promising life for myself. I came to the decision of the Art Institute after having a long discussion with my husband (then boyfriend who also attended but never received his certificate despite his completion of the program) about how much I enjoy baking, and being able to do art and bake simultaneously could be revolutionary. I was looking for colleges and saw the Art Institute everywhere. In my mind I believed if they have campuses all over and they are advertised frequently there has to be something good. WRONG. I attended the open house and took a small tour of the school followed a lecture claiming that they were the ONLY trade school accredited by the Department of Education. Oh how naive we were. I really believed this would change my life...and it did but not for the better. I met with the recruiter who sang songs of great starting salary (upwards of 50k) amazing job placement and a true environment that fostered both learning and creativity. I made my choice, payed the $100 application fee and continued the course to the financial adviser. I hit a small hiccup because in order to qualify for Financial Aid I needed my mothers Tax history. She completely refused to provide it. She said I had to figure it out on my own. (This same process had stopped me from attending an out of state college) I explained my situation to the adviser and she said " Well we'll just say you're independent since you work, say you don't live with her and you can just pull out some private loans, but don't worry you'll be able to pay them off no problem once you graduate." Everything following was painless. Filled out my information, was told to pick Sallie Mae (since that's what everyone else uses) for both my private and federal loan. I got approved and started classes only to learn 2 weeks in the program was closing down. I was told not to worry, our education wouldn't be effected and we'd have the same quality all the alumni had. We decided to stay the course, nothing ventured, nothing gained. Within a month more than half the faculty left. The entire facility was practically a ghost town save what few instructors stayed ( I would have to if I made $75.00 an hour) and the remaining student body. Everything we learned was minimal. I had a personal incident with a chef who chose to destroy a display cake that was made over 3 days and when I spoke to him asking him to not pick at it, he broke my project and proceeded to lob a piece that almost hit my face, had my friend not caught it. I had no one to report the incident to, no supervisors were on duty and the dean had quit. Flash forward it's time to graduate and I'm defeated. I don't feel like I learned anything extraordinary. No skills that could carry me into a future with this certification. I wound up finding my own job during my internship phase. When my job dissolved I was no longer able to receive any help from the faculty. There were never any job interviews set up for me. There was never any advocating on my behalf for a fare starting salary like they stated. Now it's 6 years later, I have a family, I STAY AT HOME WITH MY SON, because if I got a job I'd only pay for daycare. I cannot afford and have never been able to afford my student loan payments. I live in a veritable shit hole of an apartment and can't even afford to move. When my husband and I tried desperately to take a small personal loan out for a new apartment we were denied due our credit. Our debt exceeded our income. We would not be able to successfully pay it and our student loans off. Even now with our son we have to choose to either eat or pay our loans. We chose food so our kid wouldn't ever have to starve. Now we deal with possible wage garnishment, default in our loans and a black hole of debt that will never end. Go Ai!
Danielle Adorno August 10, 2015 New York
- See more at: http://studentdebtcrisis.org/read-student-debt-stories/#sthash.UoLtGovI.dpuf
I started out in college going for vascular technology, failing out of that, then changing majors. Since I changed majors, all the classes that I had in vascular technology didn't apply to my career, and I started paying more money to take psychology classes since I wanted to go into psychology. After that, I went for my masters in psychology taking on more student loans than I can handle. After my masters, I now have a minimum wage job supervising visitations and I'm also a CASA. I went on disability before I got my minimum wage job in 2012 because of personal reasons, could never get the correct documentation sent to them to defer my loans because of the confusing process, and now have interest rates upon interest rates for forbearances and on my unsubsidized student loans. I am now 33 years old, 150,000 dollars in debt and no way to get out. Please help!
Annita Bell July 11, 2015 Vancouver, WA
- See more at: http://studentdebtcrisis.org/read-student-debt-stories/#sthash.ZHItOBbI.dpuf
Those cry babies on this page should listen to this guy:
Ok so I have read many stories here and I feel very disgruntled by how many of your suffer. But my story will be a little different, it will be of hope. I took 16k in student loans from 2012 to 2015 to help me pay for expenses while I was attending school. I had full ride, but I knew I couldn't work full-time and keep good grades. In total at the beginning of 2014 I have 16k in student loans, 11k car loan, 3k in credit card debt, 3k in miscellaneous debt. It was daunting, I was only a 22 year old, and I already had more than 30k in debt. But one thing was clear to me, I didn't came to this world to suffer from slavery. Debt is the slavery of the new age, it decomposes yours soul, its the root of fear, depression, and sleepless nights for many of us. In 2014 I took a 3k credit card to start my own business, I resold electronic items I purchased online through online stores or at traders villages, anyways to cut it short I have paid off 3 student loans, my car loan, credit card debt, and all miscellaneous debt, I only owe now 9k in my student loans which will be paid off in October by selling my car. There is hope people, think outside of the box, go out there, the money is everywhere, you just have to be creative. God didn't bring you to this world to live a miserable existence, just the essence of life itself its pure on its own syntax. So to whoever reads this, go out there, make a plan, execute it. Don't quit on life. If your loans are exuberant and you see no end, leave the country, but if you want to stay and deal with the problems you face, fight, even if you have to bend the rules, fight. You and your family deserve a good life. Remember, impossible is nothing.
Hector June 30, 2015 Texas
- See more at: http://studentdebtcrisis.org/read-student-debt-stories/#sthash.ZHItOBbI.dpuf