A student loan from college can only pay 100/month interest eating that up will never get paid. Any advice?
Question:
Answer:
Pay more
Try to get them to consolidate or refinance.
Also they give hardship deferments and can sometimes negotiate the rate (I think they can still do that.)
Otherwise, cut expenses or make more money-- if you end up defaulting you will be kicked in the butt for years and years. and years!
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