HELP! We need help in modifying/eliminating student loans that are that over 5 years old.
Why is this important?
Student loans has for decades been back-breaking for numerous people, some like myself. Most of us (who had no other way to get an education) had taken on these loans with all intentions of repaying them, but later found that for one reason or another, we could not attract the type of employment (coupled w/unreasonable interest rates we were forced into) that would allow us to make what became inflated payments. Based on the state of the economy, one way of assisting some of us would be for govt/lenders to forgive/significantly reduce the loans based on; (1) past payment history,(2) amt repaid (3) ability to repay.
