How do I manage large amount of student loan debt?

Credit and mortgage advice Forums Consumer Credit Debt Management How do I manage large amount of student loan debt?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 2 months ago.



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    Anonymous

    I have approximately $ 120,000 in private student loans that are going to cost my nearly $ 1000 a month to pay off. That’s nearly 35% of my income. I work full-time and have a part-time job on the side.

    What are my options, if any, to reduce my monthly payments? I already called the bank handling my loans, and they offer alternative payment plans. Do I have any rights regarding how much of my income private student loans can take?



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