General I feel so lost. by Tinytom83 3/14/2012 written by Tinytom83 3/14/2012 I am just so sick of it all. I am in so much debt from college that I do not even know what to do. Unless I can pull a miracle I will have debt collectors hounding me. I really see no light at the end of the tunnel. Debt CollectorsLight At The End Of The TunnelLostMiracle 8 comments 0 Email Related posts I am done with life 1/19/2022 Fading away but still here 1/18/2022 Can’t sleep 1/18/2022 Still alive 1/18/2022 effort was made, the outcome flawed 1/18/2022 Giving Up? 1/18/2022 No Fault Eviction Notice 1/18/2022 Help 1/18/2022 1/17/2022 There’s Alot 1/17/2022 8 comments ellachristina 3/14/2012 - 8:14 pm hi tom. sorry your going through this.:( my cousin really struggled with debt too. your definitely not alone,there are tons of people going through this right now. are u still in school? have you considered rehabilitating your loan? i don’t know too much,but i know there are options out there. please don’t give up,it might take awhile,but you can get through this. hopefully someone else on here will know more about it,but i know there are programs that can help. is it possible for you to talk to your loan officer from your school? Log in to Reply Tinytom83 3/14/2012 - 8:26 pm I could not get my this year because there were issues with my fathers tax return and the enrollment services at my school is awful and they are not helpful. They treat me like a criminal when I walk in there. I am done with college having my classes all done. They have offered me a payment plan at the school instead of going to debt collectors but I do not have high hopes that will work. I feel like I let down my entire family by having this burden. Log in to Reply ellachristina 3/14/2012 - 8:56 pm you didn’t let them down,it’s not your fault.!! idk why,but bad things happen to good people.:( you will get through this though. i know your on this website with the rest of us who were at one point suicidal or least depressed-please don’t give up on your life because of this. it’s not worth it. it’ll be okay. i’m adding you to my prayer list.:) i’m always here if you want to talk.maybe the payment plan will work. Log in to Reply KeepGoing8 3/14/2012 - 9:11 pm Here’s what I did: call the company that manages your loans ( DirectLoans or whatever company has its logos all over your paperwork) and talk to a human being, “loan officer” or advisor. Ask about an Economic Hardship Deferment ( up to 3 yrs no payments) and an income- dependent repayment plan. In the US, Obama made a law that says loan companies cannot force you to make payments on your loans when you simply can’t afford to. If your income is low enuf, the are $0 repayment plans. You should also ask if your loans are “subsidized” or “unsubsidized”- idk exactly what that means, but depending on that, you may be eligible to not accumulate any interest during ur deferment (that’s good!) And one more thing: if your parent is claiming you as a dependent but isn’t actually contributing to your education, room, and housing, you should ask that they no longer claim you because they really give u the shaft on financial aid if your claimed as a dependent by anyone. Good luck! Hope this helps Log in to Reply Tinytom83 3/14/2012 - 9:22 pm It is a mixture of many things. My father is a lawyer but it is not what everyone thinks it is. Its takes a very long time to get paid and a lot of his clients are scum and do not pay at all which leads him to have chase them down. The school makes it very difficult and they are also very dumb there. I am scared to bringing these issues to my parents because I do not want to see them suffer. Log in to Reply KeepGoing8 3/14/2012 - 9:34 pm Don’t think of it as suffering because really, it’s just the crap we have to deal with in the real world. Financial problems can seem like the most overwhelming and humiliating problems we can have…but they are a true reality for almost everyone in this country…and why bother being ashamed of a problem almost everyone has to deal with. I am sure ur parents know about financial struggles and might even know some good tricks that make the whole deal less of a struggle. If they don’t, you have the youth and resources to find tricks yourself that u can share with them in the future! Srsly: talk to a loan adviser, they are usually nice and helpful…you not paying right now makes them more money in the long run after all! Log in to Reply Tinytom83 3/14/2012 - 10:50 pm Thank you for the advice. Log in to Reply StillHopefulNY 4/5/2013 - 5:33 pm Hey TinyTom, I know this is a year later, but I want to know how you are doing. Can you email me at Marlene.j.Salvatore@gmail.com? Log in to Reply Leave a Comment Cancel ReplyYou must be logged in to post a comment.Subscribe to comments: Don't subscribe All Replies to my comments Notify me of followup comments via e-mail. You can also subscribe without commenting.