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Federal student loans and disability


Guest Ahz
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Hi

Around 2003-ish i went to school and took on a federal student loan of $10,000. Sadly that schooling did not help me with getting a decent job, so i continued with my low paying jobs, and now a sizeable debt. I was never able to pay on the debt as i lived check to check, and was even homeless for a few years. In 2009 i moved to another state, where i ended up having health issues and going on disability. During that time they removed a portion of my disability for payment towards the debts. My disability eventually went out and now i was finally approved for disability again, and here they come wanting 15% of my income from disability.

It's been years since i've had any income and even when i had disability previously i was always broke, so i'm hoping to finally get things i have needed. I find dealing with all these things a bit overwhelming, and don't feel i can rely on random options that pop up through internet searches. Are there any options?

The letter i received indicates Student Loan Borrowers with Disabilities, yet that seems to suggest a permanent disability. My disability isn't permanent, but the time is indeterminate (according to doctors). Even when/if i'm able to eventually work again i'll be mid to late 40s with no work history for 10+ years and in low paying jobs, so i'm hoping to find a way to get the debt erased.

I'm aware i could call the number, but having anxiety/depression makes it difficult for me to go into such situations blindly, so even if anyone had more details on the Borrowers with Disabilities that could be a help, if it's still an option.

As you can see, all this rattles my brain, so any advice, suggestions, help, etc... would be greatly appreciated.

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  • 11 months later...

Very interesting story. Honestly, I am opposed to student loans and it seems to me that they were invented in order to make students slaves from an early age. Let's reason logically, all who take loans are slaves. They are required to pay about 500-700 bucks every month because they took a large amount of money ... This is stupid. My brother recently found out about one bank at https://credit-10.com/lv/ferratum-kredits/ and decided that Since this is a reliable bank, it is best to take a loan there and buy a bike. He did so, and now for five years he will be like a slave to pay the bank. Be smarter and do not become victims of banks ...

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  • 2 years later...
On 3/8/2019 at 5:12 PM, Ahz said:

Hi

Around 2003-ish i went to school and took on a federal student loan of $10,000. Sadly that schooling did not help me with getting a decent job, so i continued with my low paying jobs, and now a sizeable debt. I was never able to pay on the debt as i lived check to check, and was even homeless for a few years. In 2009 i moved to another state, where i ended up having health issues and going on disability. During that time they removed a portion of my disability for payment towards the debts. My disability eventually went out and now i was finally approved for disability again, and here they come wanting 15% of my income from disability.

It's been years since i've had any income and even when i had disability previously i was always broke, so i'm hoping to finally get things i have needed. I find dealing with all these things a bit overwhelming, and don't feel i can rely on random options that pop up through internet searches. Are there any options?

The letter i received indicates Student Loan Borrowers with Disabilities, yet that seems to suggest a permanent disability. My disability isn't permanent, but the time is indeterminate (according to doctors). Even when/if i'm able to eventually work again i'll be mid to late 40s with no work history for 10+ years and in low paying jobs, so i'm hoping to find a way to get the debt erased.

I'm aware i could call the number, but having anxiety/depression makes it difficult for me to go into such situations blindly, so even if anyone had more details faxless payday loan on the Borrowers with Disabilities that could be a help, if it's still an option.

As you can see, all this rattles my brain, so any advice, suggestions, help, etc... would be greatly appreciated.

Hi Ahz. If you are not genuinely handicapped, you will not be eligible for loan forgiveness. Temporary disability is not considered. Furthermore, because student loans are federal debt, they can seize your SSDI/SSI benefits, even if you don't have enough to live on. I also read somewhere that the president is running student debt forgiveness programs. You need to look for this information.

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