The Must Know before You Go to College and how much Student Loan Debt are you willing to be saddled with?

Walking away from student loan debt is not an option. It will follow you for the rest of your life or the next 25 years and wreck havoc on your financial affairs.

Exhaust all scholarship and grant opportunities before you shackle your life with student loans debt. Scholarship Information http://www.finaid.org/

I do not know much about this site but it seems to be a website that will assist in the scholarship and grant process: http://www.studentawards.com/

Taxable interest for student loan debt from the IRS: http://www.irs.gov/individuals/students/article/0,,id=177520,00.html

More information to assist in any question you may have on student aid: https://studentaid.ed.gov/PORTALSWebApp/students/english/index.jsp

IBR Income Based Repayment Plan Calculator https://studentaid.ed.gov/PORTALSWebApp/students/english/IBRPlan.jsp

More on ‘Pay As You Go Plan’ a brain child of President Barak Obama. It is still in a pre-legislative stage.

http://www.whitehouse.gov/the-press-office/2011/10/25/fact-sheet-help-americans-manage-student-loan-debt

More on how to manage your student loan debt. https://studentloans.gov/myDirectLoan/index.action

NSLDS National Student Loan Data System. http://www.nslds.ed.gov/nslds_SA/

Repayment Plans & Calculators. https://studentaid.ed.gov/PORTALSWebApp/students/english/OtherFormsOfRepay.jsp

The US Department of Education; what college costs. http://collegecost.ed.gov/

A check list of what is needed to know for your college experience: https://studentaid.ed.gov/PORTALSWebApp/students/english/publications.jsp

Student Loan Debt Burden by Graduate Degree

 

A Podcast from Truthdig: Student Debt as a Human Rights Issue

According to Truthdig, ""This week on Truthdig Radio in association with KPFK: A student loan crisis just in time for graduation and “More Powerful Than Dynamite” author Thai Jones."" (http://www.truthdig.com/avbooth/item/student_debt_as_a_human_rights_issue_20120525/?utm_source=twitterfeed&utm_medium=twitter).

Please subscribe to Truthdig,  this is not main stream news, it actually speaks the truth!

Please listen, it has a great deal of truth.

iTunes podcast feed: (http://feeds.feedburner.com/TruthdigPodcast).

Several YouTube Videos on The Student Loan Debacle

(http://www.youtube.com/watch?v=udy0GjlLxgk)

(http://www.youtube.com/watch?v=V122ICNS8_0)

(http://www.youtube.com/watch?v=CloOKxn7mkk)

If you are Unhappy by the Status Quo Make Some calls!

Call your Senator and Congress person Today - Address & Phone Directory: (http://studentloandebacle.blogspot.com/p/congress-senate-phone-address-directory.html).

Please join us @ https://www.facebook.com/StudentLoanDebacleSupportNetwork it is a place where you can sit down, drink a cup of coffee, and chat with people about current affairs or whatever; a supportive network for those in any debt crisis. We all need support at one time or another; sometimes it’s just good to have an ear. Sometimes we just need someone to listen or read what we have to say.

A Shout Out to Michele H. Nelnet (Predatory Recovery System)

If you have any dissatisfaction with how you are treated within the student loan process, call you Congress person or Senator.

Call your Senator and Congressperson Today Address & Phone Directory: (http://studentloandebacle.blogspot.com/p/congress-senate-phone-address-directory.html).

 

 

A shout out to Michele H. Don’t Use Autopay NEVER! Tell them you are recording their phone calls. Use a disposable cell phone; do not give them your primary numbers. Send them a letter through registered mail a cease and desists order to stop calling you at work, b/c you are not allowed personal phone calls.

Nelnet (predatory recovery system, no doubt)

BBB- Nelnet-National Educational Loan Network (Headquarters)

 (402) 458-2370 121 S 13th St # 201, Lincoln, NE 68508-1911

278 complaints closed with BBB in last 3 years | 86 closed in last 12 months

http://www.bbb.org/nebraska/business-reviews/scholarships-and-financial-aid/nelnet-national-educational-loan-network-in-lincoln-ne-209000034

Nelnet Contact Information

Principal: Mr. Ben Kiser (Director of Corporate Communication)
Mr. Michael S. Dunlap
(CEO) Mr. Jeff Noordhoeck
(President) Ms. Jill Warner

Nelnet reviews: Not so good: http://www.eduinreview.com/Student-Loans/Nelnet

Stupid Human Trick - Ex-Nelnet Employee Sentenced to a Year

http://journalstar.com/news/local/crime-and-courts/ex-nelnet-employee-sentenced-to-a-year/article_d2f6092f-cfc8-51f0-83b8-2b53a151dc8c.html

File a complaint: (CFPB) Consumer Financial Protection Bureau http://www.consumerfinance.gov/ & with The (FTC) Federal Trade Commission http://www.ftc.gov

Go here National Student Loan Data Base http://www.nslds.ed.gov/nslds_SA/

Go to financial aid review check the balance of your loans, check you loan period end date, and who your loan servicer is.

Go to here and check to see if any of these repayment options are available to you:
http://www.Ed.gov OR http://www.finaid.org/loans/forgiveness.phtml

Here are different repayment plans and if you haven’t consolidated your loans, do – just make sure it is within the ed.gov portal. http://studentloandebacle.blogspot.com/2012/05/navigating-through-your-student-loan.html

Here is number for ed.gov or they may be able to redirect your call to answer any questions you may have 1-800-621-3115 OR http://www2.ed.gov/about/contacts/gen/index.html

Good luck and please get back with me and let me know how it is going. Hey just give me a shout out here: https://www.facebook.com/StudentLoanDebacleSupportNetwork and pass it along w/ blog address for our friends at NKU. http://studentloandebacle.blogspot.com/

The Student Loan Debacle is not Endemic to the United States of America!

The student loan crisis is everywhere - it is involved in majority of all countries. 

Wear the red square - means you are in the red. I am - are you?

 

The world needs to be educated, informed, 

and engaged that is a true democracy, 

and not the plutocracy that we all live in today! 

 

Please join us @ https://www.facebook.com/StudentLoanDebacleSupportNetwork it is a place where you can sit down, drink a cup of coffee, and chat with people about current affairs or whatever; a supportive network for those in any debt crisis. We all need support at one time or another; sometimes it’s just good to have an ear. Sometimes we just need someone to listen or read what we have to say.

Contact Your States Representative and Demand they Support these two Measures and if they don’t - ask them why NOT? Richard Durbin - S.1102 Fairness for Struggling Students Act of 2011 & Steve Cohen - H.R.2028 - Private Student Loan Bankruptcy Fairness Act of 2011; Please raise your voice on POPVOX & Open Congress – They Need to Hear US!

Call your Senator and Congressperson Today - Address & Phone Directory: (http://studentloandebacle.blogspot.com/p/congress-senate-phone-address-directory.html).

Twitter handles and Facebook addresses will come later today or tomorrow...

Senator Richard Durbin  D-IL is sponsoring a BILL: 5/26/2011--Introduced. S. 1102 Fairness for Struggling Students Act of 2011:

Support this bill through Open Congress;
http://www.opencongress.org/contact_congress_letters/new?bill=112-s1102&position=support

Revises federal bankruptcy law with respect to the exemption from the exception to discharge in bankruptcy for certain educational loans if excepting such debt from discharge would impose an undue hardship on the debtor and debtor's dependents. Limits such exemption to the existing ones for:
(1) an educational benefit overpayment or loan made, insured, or guaranteed by a governmental unit or made under any program funded in whole or in part by a governmental unit; and
(2) an obligation to repay funds received from a governmental unit as an educational benefit, scholarship, or stipend. Repeals the current exemption for:
(1) any loan made under any program funded in whole or in part by a governmental unit or nonprofit institution; and
(2) any other qualified education loan incurred by an individual debtor on behalf of the taxpayer, the taxpayer's spouse, or any dependent, including indebtedness used to refinance a qualified education loan. (Thus makes both kinds of loans nondischargeable in bankruptcy.)

 

Dick Durban Twitter: @SenatorDurbin Facebook: https://www.facebook.com/dickdurbin    Website: http://durbin.senate.gov/public/

Durbin, Richard "Dick" (D) Senator, IL

Phone numbers: 618-351-1122 Address: 250 W. Cherry Street, Carbondale, IL 62901

Phone numbers: 312-353-4952 Address: John C. Kluczynski Federal Building, Chicago, IL 60604-1483

Phone numbers: 202-224-2152 Address: U.S. Senate, Washington, DC 20510-0001

Co-Sponsors:

Sen. Al Franken [D, MN] Twitter: @alfranken Facebook: https://www.facebook.com/Sen.Franken Website: http://www.franken.senate.gov/

Added May 26, 2011

Phone numbers: 651-221-1016 Address: 60 East Plato Boulevard, Suite 220, St. Paul, MN 55107-1833

Phone numbers: 202-224-5641 Address: U.S. Senate, Washington, DC 20510-0001

Phone numbers: 507-931-5813 Address: 208 S Minnesota Ave, St. Peter, MN 56082

Phone numbers: 320-251-2721 Address: 916 W St. Germain St., Saint Cloud, MN 56301

Phone numbers: 218-722-2390 Address: 515 W 1st St, Duluth, MN 55802

Sen. Thomas Harkin [D, IA] Website: http://harkin.senate.gov/

Added October 12, 2011

Phone numbers: 712-252-1550 Address: Federal Building, Sioux City, IA 51101

Phone numbers: 563-582-2130 Address: Federal Building, Dubuque, IA 52001

Phone numbers: 563-322-1338 Address: 1606 Brady Street, Davenport, IA 52803

Phone numbers: 202-224-3254 Address: U.S. Senate, Washington, DC 20510-0001

Phone numbers: 515-284-4574 Address: Federal Building, Des Moines, IA 50309

Phone numbers: 319-365-4504 Address: 150 1st Avenue, NE - Suite 370, Cedar Rapids, IA 52401

Sen. Sheldon Whitehouse [D, RI] Twitter: @SenWhitehouse Facebook: https://www.facebook.com/SheldonWhitehouse Website: http://www.whitehouse.senate.gov/

Added May 26, 2011

Phone number: 401-453-5294 Address: 170 Westminster Street, Suite 1100, Providence, RI 02903

Phone number: 202-224-2921 Address: U.S. Senate, Washington, DC 20510-0001

Support on POPVOX: “A bill to amend title 11, United States Code, with respect to certain exceptions to discharge in bankruptcy.” https://www.popvox.com/bills/us/112/s1102

Representative Steve Cohen D-TN is sponsoring a Bill, 5/26/2011--Introduced. H.R.2028 - Private Student Loan Bankruptcy Fairness Act of 2011 - Amends the federal bankruptcy code to remove qualified educational loans as an exception to discharge from bankruptcy.

Support this bill through Open Congress: http://www.opencongress.org/contact_congress_letters/new?bill=112-h2028&position=support

Co-Sponsors:

• Rep. Gary Ackerman [D, NY-5]
  Added May 26, 2011
• Rep. Karen Bass [D, CA-33]
  Added December 06, 2011
• Rep. Howard Berman [D, CA-28]
  Added May 26, 2011
• Rep. Timothy Bishop [D, NY-1]
  Added May 26, 2011
• Rep. Earl Blumenauer [D, OR-3]
  Added December 16, 2011
• Del. Madeleine Bordallo [D, GU-0]
  Added May 10, 2012
• Rep. Lois Capps [D, CA-23]
  Added April 19, 2012
• Rep. Judy Chu [D, CA-32]
  Added May 26, 2011
• Rep. John Conyers [D, MI-14]
  Added May 26, 2011
• Rep. Danny Davis [D, IL-7]
  Added May 26, 2011
• Rep. Peter DeFazio [D, OR-4]
  Added March 29, 2012
• Rep. Michael Doyle [D, PA-14]
  Added May 26, 2011
• Rep. Chaka Fattah [D, PA-2]
  Added August 26, 2011
• Rep. Bob Filner [D, CA-51]
  Added July 07, 2011
• Rep. Raul Grijalva [D, AZ-7]
  Added May 26, 2011
• Rep. Maurice Hinchey [D, NY-22]
  Added August 26, 2011
• Rep. Rush Holt [D, NJ-12]
  Added December 14, 2011
• Rep. Michael Honda [D, CA-15]
  Added March 29, 2012
• Rep. Jesse Jackson [D, IL-2]
  Added May 10, 2012
• Rep. Henry Johnson [D, GA-4]
  Added May 26, 2011
• Rep. Dennis Kucinich [D, OH-10]
  Added July 07, 2011
• Rep. Zoe Lofgren [D, CA-16]
  Added October 14, 2011
• Rep. James McGovern [D, MA-3]
  Added January 31, 2012
• Rep. Jerry McNerney [D, CA-11]
  Added February 01, 2012
• Rep. George Miller [D, CA-7]
  Added May 26, 2011
• Rep. Bradley Miller [D, NC-13]
  Added November 18, 2011
• Rep. Gwen Moore [D, WI-4]
  Added May 26, 2011
• Rep. Grace Napolitano [D, CA-38]
  Added June 03, 2011
• Del. Eleanor Norton [D, DC-0]
  Added May 10, 2012
• Rep. Chellie Pingree [D, ME-1]
  Added January 31, 2012
• Rep. Jared Polis [D, CO-2]
  Added May 26, 2011
• Rep. Laura Richardson [D, CA-37]
  Added May 10, 2012
• Rep. Steven Rothman [D, NJ-9]
  Added August 05, 2011
• Rep. Timothy Ryan [D, OH-17]
  Added May 26, 2011
• Rep. Janice Schakowsky [D, IL-9]
  Added July 07, 2011
• Rep. Fortney Stark [D, CA-13]
  Added May 26, 2011
• Rep. John Tierney [D, MA-6]
  Added November 02, 2011
• Rep. Edolphus Towns [D, NY-10]
  Added May 26, 2011
• Rep. Maxine Waters [D, CA-35]
  Added May 10, 2012
• Rep. Melvin Watt [D, NC-12]
  Added May 26, 2011
• Rep. Henry Waxman [D, CA-30]
  Added July 25, 2011
• Rep. Lynn Woolsey [D, CA-6]
  Added July 25, 2011

Support on POPVOX, H.R. 2028: Private Student Loan Bankruptcy Fairness Act of 2011 Summary: “To amend title 11 of the United States Code to modify the dischargeability of debts for certain educational payments and loans.” https://www.popvox.com/bills/us/112/hr2028

Please join us @ https://www.facebook.com/StudentLoanDebacleSupportNetwork it is a place where you can sit down, drink a cup of coffee, and chat with people about current affairs or whatever; a supportive network for those in any debt crisis. We all need support at one time or another; sometimes it’s just good to have an ear. Sometimes we just need someone to listen or read what we have to say.