Everything You Should Know About Negotiating the Right Loan for You, Paying it Off, Protecting Your Financial Future
From Library Journal
Stockwell, an investigative journalist (Esquire, Rolling Stone), intends her work for those who are having trouble repaying their student loans, which now average $20,000 for the undergraduate years and about $23,000 more at the Ph.D. level.
Three main sections explain how students get into debt; how the loans work; and how to live with (but not get out of) debt. Choosing bankruptcy to avoid repaying (as did some of these ex-students' older brothers and sisters) is no longer possible, but chapter 7 or 13 helps ease the repayment schedule, as she explains.
Stockwell also advises how to apply for deferments and forebearances and the basics of credit in general. One telling sentence - "It's not complicated to pay your student loan debt; you have to make and set aside more money, or live on less" is good enough advice to pay the cost of this book. - Alexander Wenner, Indiana Univ. Lib., Bloomington
Review
"An essential tool for people trying to get back on the path to a sound financial future. Stockwell's book should be read by every parent and student before applying for any college application or student loan because The Guerrilla Guide goes one step beyond the other "how-to" books by supplying different philosophies for living with your student loan and sound strategies for getting your life back on track. If you are tired of making up lies to get that collection agency off your back, this is the book to read." -- Cheryl Dunye,
"An extremely clear, humane, and practical guide...If you're off to campus, or dealing with the financial aftermath of higher education, read this and save yourself many sleepless nights." -- Anne Matthews, author of Bright College Years: Inside the American CampusToday
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