I'm trying to help a cousin who just graduated and can't find work. She has $45,000 in debt with a private Sallie Mae Loan for 10%. Unlike government loans, you can't work them off in the Peace Corp. What options does she have to transfer them to a lower rate or have them forgiven? She lives in a rural area that pays very little and it appears her parents (neither of whom went to college) didn't know what they were signing up for.
( I know... I know...)