Post Graduation Crash

The experience of finally receiving my college diploma ran the gambit of all the emotions one should fell when achieving such a great accomplishment. I felt everything from excitement to relief, I had finally done it. The first in my family to do so, I was a college graduate. Then I crashed, reality set in, granted it took some time. Six months to be exact, that was when I received my first loan statement.

I couldn't believe what was written on the pages of that statement. Had I really used that much money to achieve my dream. How was this possible, $40,000, where had all that money gone. All I could remember was struggling to keep a roof over our heads and food on the table. Then it really hit me, how was I going to use my degree to make a more than decent living in order to pay the everyday bills of living and this daunting debt of such large proportions. I was recently divorce and had a young child to raise. How was I going to pay of this debt before he went to college? $40,000 plus interest, how could I possibly work that into a single income budget.

I began to hope and pray that I could find a way to achieve a new goal - repaying this huge debt. After many phone calls and much research I found that there was a way, in fact many ways to overcome this seemingly insurmountable situation.

Deferment, forbearance, unemployment assistance, income sensitive payment plans, consolidation, interest accrued - these were all terms with which I would soon become very familiar. Ones that you need to familiarize yourself with as well. So fellow debtors do not fear there is help right here. We are all in the same boat, some of us have just been rowing longer than others. This site is written by those with loan experience for those who need their assistance. We all became involved with Student Loan Relief to help you learn from our experiences. We hope that you will take advantage of those experiences and use them to find a solution to suit your financial situation.