Its been awhile since I have posted anything here. There seems to be a lot of talk going on in the news world about the student loan crisis. And also about for profit schools shutting down. EDMC is closing some of the Art Institutes with New England being one of the first. Pittsburgh is on the list but there is no closing date as of now.
I started a facebook page https://www.facebook.com/groups/426283364206783/ Pittsburgh art institute fails and tales online division.
I figure we need to keep the conversation going and in some other groups it was suggested that we should start groups for each school so that we can compare stories and what not. Its going to be my summer project. One of many but life goes on.
I had to call Navient to make some adjustment in my payment. I had a monthly payment agreement and somehow I ended up with the wrong account number. So my checks was being kicked back with a note to my bank that the account is closed. I did call and got that straightened out. But it also put me a month or two behind and well then my monthly payments was way too high and there is no way I could afford them. So I called and have to reapply for my ibr, got a small forbearance and that is all for now. No further ahead and my loans are higher not smaller.
Had a talk with my husband about what is going on. Thankfully for a change we did not end up in an argument. But it's still heart breaking to hear that he thinks he will never be able to retire and will work until the day he dies because of these loans. I hope someday this will get resolved somehow so he can retire and enjoy his life and not work. It would not both me in the least at this point to be poor and not have much if we got out from under this debt.
I was looking at my loans again. I want to try something to see if it works. I was told last year that I can pay off just one loan if I had the money out of the many I ended up with. I notice that I have different interest rates on these loans as well. I am planning on doing something to make extra money in addition to my job. I'm off all summer so I have the time to work things out. It will be art stuff and crafts and what ever else I can find. Dog sitting, cleaning out peoples houses, sell on ebay again. What ever. I always can find extra little jobs for a few extra dollars. But my goal is to put that money toward one of the smaller loans and pay it off by the end of this year. Get all the paper work showing its paid off then move onto the next one and so on. Yes it will take years but there has to be a way to paid this stuff off and not have to keep paying that interest for years until I die! I guess if I do die any time soon I would not have to worry about it any more.
Well just me thinking and hoping that I can find a solution to a rather large problem and find some resemblance of my life before AOI or move forward to a better life and put AOI behind me for once and for all.
Until then here I am. Wishing and hoping for the best.
If you are just finding out about the student loan crisis and the for profit colleges. Just Google For profit college scams, the Art Institute reviews and scams, Student loan crisis. You will find loads of information. There are facebook pages popping up everyday for discussing these issues as well and is a great place for information and knowing that you are not alone in this fight.
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