Student loans

Money Management
1

I owe for student loans and my check is being garnished what can I do there’s no room in my budget to pay of 20,000 dollars

2

Sorry to hear that. Have you tried contacting them to set up income based repayment plan?

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3

E Allen posted:

Sorry to hear that. Have you tried contacting them to set up income based repayment plan?

I agree here. My two co-workers are on income based repayment plans for their student loans.

4

Yes, as am I (on IB payments). You may need to pay a bit more in order to get out of default, but then get on IB repayment.