I decided to go back to school in 2002. I looked around for a school that offered the program that I wanted to study. Since I decided that I was going to study Computer Networking, I chose to go to Remington College here in Colorado Springs. I knew I would have to take out student loans to be able to further my education.
I had to take out $25,000 in student loans from the federal government. I had these loans in deferment for approximately 3 years. I have since started to pay them back though. I have not been able to pay any more than $50 a month as I'm a disabled woman. This amount was fine at first. I recently received a phone call saying that this amount was not fine and that they wanted their money.
I have informed them that I am not able to pay more than $50 a month due to my disability. I have also tried to contact Sallie Mae and have learned that there is a program for disabled people to have their debt waived off for inability to pay. I was informed that I would be sent a packet in the mail that I would need to fill out.
It has been 2 months since I received the packet, but I'm still waiting to see if my debt gets waived. In the meantime I am stilling paying only the $50. I learned about this program for the disabled people through my husband who researched it. He informed me to call Sallie Mae and have it confirmed that this is an option.
Sallie Mae needs paperwork from the government stating you have been deemed disabled. This paperwork is reviewed and they make their ruling on this matter. I have tried to repay my student loans, but have only been able to pay back approximately $1,000 to date.
I would have still gone back for my education. I however am here to tell you that as a disabled woman it is extremely hard to pay back this debt without having more of an income. I'm not disappointed that I took this money out to finance my education. I'm also not made at Sallie Mae, because I know they are a business and only want their money back.
I can say that at the time I was pursuing my education I was not thinking I was going to become disabled. I had high dreams of using my education in order to make a living. There are more people pursuing an education in this downturned economy to obtain a new skill set. That was the same reason I went back to school in 2002. I wanted to have a new skill set I could sell to companies.
At this time I have to wait a few more weeks I was told to hear back from Sallie Mae. I really hope that they are able to waive this debt as it is a burden I can live without. I look forward to sharing this information in the near future with other disabled people if I get my debt waived.
This is my story as to how I have student debt loans that will take an entire lifetime to pay back if I cannot have it waived.
*This article is by Contributor. If you have problem with content Please contact us through contact us page.
I had to take out $25,000 in student loans from the federal government. I had these loans in deferment for approximately 3 years. I have since started to pay them back though. I have not been able to pay any more than $50 a month as I'm a disabled woman. This amount was fine at first. I recently received a phone call saying that this amount was not fine and that they wanted their money.
I have informed them that I am not able to pay more than $50 a month due to my disability. I have also tried to contact Sallie Mae and have learned that there is a program for disabled people to have their debt waived off for inability to pay. I was informed that I would be sent a packet in the mail that I would need to fill out.
It has been 2 months since I received the packet, but I'm still waiting to see if my debt gets waived. In the meantime I am stilling paying only the $50. I learned about this program for the disabled people through my husband who researched it. He informed me to call Sallie Mae and have it confirmed that this is an option.
Sallie Mae needs paperwork from the government stating you have been deemed disabled. This paperwork is reviewed and they make their ruling on this matter. I have tried to repay my student loans, but have only been able to pay back approximately $1,000 to date.
I would have still gone back for my education. I however am here to tell you that as a disabled woman it is extremely hard to pay back this debt without having more of an income. I'm not disappointed that I took this money out to finance my education. I'm also not made at Sallie Mae, because I know they are a business and only want their money back.
I can say that at the time I was pursuing my education I was not thinking I was going to become disabled. I had high dreams of using my education in order to make a living. There are more people pursuing an education in this downturned economy to obtain a new skill set. That was the same reason I went back to school in 2002. I wanted to have a new skill set I could sell to companies.
At this time I have to wait a few more weeks I was told to hear back from Sallie Mae. I really hope that they are able to waive this debt as it is a burden I can live without. I look forward to sharing this information in the near future with other disabled people if I get my debt waived.
This is my story as to how I have student debt loans that will take an entire lifetime to pay back if I cannot have it waived.
*This article is by Contributor. If you have problem with content Please contact us through contact us page.
