I want to study international business and trade law – I have two undergrad degrees (Int’l studies and Spanish lit)… I REALLY want to go back and get this degree… I’ve taken an 2 year break to experience the working world. My undergrad was taken for entirely by scholarships provided by the state of Louisiana… How do student loans work? What are the best to get? Is it possible to take out the 0,000 that this is going to cost!? That seems crazy… Any advice is greatly appreciated! Thx…
RTR.org | A SWAT team broke into a home at the request of the US Department of Education to arrest and collect on a defaulted student loan. Kenneth Wright was dragged from his Stockton California home in his underwear while his children were in held police custody for several hours as they searched for his estranged wife. We bring you coverage of the unfolding story with remarks from Sheriff Richard Mack on the increased use of SWAT teams nationwide and Congressman Ron Paul’s remarks on the Department of Education.
Millions of students are needlessly paying their student loans which are “under water” — ie, where the amount owed is greater than the value of the higher education purchased with the loans. Borrowers can’t earn enough to pay their student loans and pay for their reasonable living expenses. The borrowers should do what homeowners do when their mortgages are under water — which is to stop paying their loans, get into a court setting, and negotiate for a reduced loan (in principal amount as well as monthly interest). Attorney Carl Person also produced the first and successful video “Stop Paying Your Mortgage!”. Although government student loans are almost impossible to shed in bankruptcy, you can go into court by suing your banks to terminate the student loans on various legal grounds and expect to have an opportunity to settle your case in a way that eliminates or substantially reduces your loan, depending on the facts of your case. Get rid of student loans by stopping payment; suing the banks, and then settling the lawsuit. Stop being an economic slave to the banks.
Low-interest student loans are dependent upon a good credit score, the state of the economy and interest rate levels, whether it is a variable or fixed loan and where the loan is coming from. Find lower-interest loans, raising credit scores and having a cosigner to help, with financial advice from a guidance counselor in this free video on student loans. Expert: Cheri Ashwood Contact: www.wearehdtv.com Bio: Cheri Ashwood has a bachelor’s degree in psychology and education, and has been a guidance counselor for nearly a decade. Filmmaker: Christopher Rokosz
