OCCUPY STUDENT DEBT

Student debtor stories submitted by the 99%


 Loan companies wouldn’t work with me 
I tried to set up payment plans on my student loans, but they wanted astronomical down payments that I didn’t have.   I let my loans default until they required wage garnishments.  They take 15% of my salary.  For a while I had two separate garnishments, one to Wells Fargo and another to Texas Guaranteed.  Wells Fargo is now paid off.  Now $622 comes out of my check monthly.  I still owe over $13k.  They also take my income tax refund each year.
Loan companies wouldn’t work with me

I tried to set up payment plans on my student loans, but they wanted astronomical down payments that I didn’t have. I let my loans default until they required wage garnishments. They take 15% of my salary. For a while I had two separate garnishments, one to Wells Fargo and another to Texas Guaranteed. Wells Fargo is now paid off. Now $622 comes out of my check monthly. I still owe over $13k. They also take my income tax refund each year.