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The Latest Student Debt Story

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I am a 49 year old single mother of 4 with $22,000. in student loan debt. In 2009, I went back to school to pursue a Masters in Education. At the time, I did not qualify for any financial aid or need based scholarships due to my spouse's income. As a result, my schooling had to be funded entirely with student loans. In 2013, I divorced and incurred further debt to remove myself from the abusive marriage. (Since I had been a full time mom during my marriage, I did not have my own income to finance my divorce and had to utilize credit cards to pay for the cost). During the divorce process, it was necessary to put my student loan payments on forbearance due to the increasing costs of my divorce. This had the unfortunate effect of increasing my student loan repayment total. I am now working part time as a substitute teacher and am trying to find a full time teaching position. My student loans are currently in forbearance. I do not know how I will be able to pay off this loan, credit card debts from divorce, additional attorney's fees and costs owing to the firms, and provide and stay current on living costs for myself and my 4 children.

Ann, October 29, 2014, Portland, OR

I am a 49 year old single mother of 4 with $22,000. in student loan debt. In 2009, I went back to school to pursue a Masters in Education. At the time, I did not qualify for any financial aid or need based scholarships due to my spouse's income. As a result, my schooling had to be funded entirely with student loans. In 2013, I divorced and incurred...

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Ann, October 29, 2014, Portland, OR
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