Owing University Debt Help

parentologist
Tue, 30 Mar 2021 19:51:39 +0000

From what you’ve written, it appears that you already have defaulted on college loans, and are now 24 years old and would like to go back to college.

Do you have any plan where you would like to go? I’m assuming that you would go to the local community college or local 4 yr state college, while living at home, and working a part time job. If this is the case, you had best go to the financial aid office there and speak with them about what your options are. You should also speak with your lender, and ask what you can do to get back into good standing on your defaulted loans. If you can get back into good standing, you would become eligible for further federal loans.

You are going to need to start making payments, which implies that you will need to get a job, earn money, so that you can begin making payments.