Check out the options they list here.
http://studentloan.citibank.com/slcsite/fr_p_repay.htm

Then, call them. Tell them you're in danger of defaulting. See what
they'll do. Citibank is a huge corporation, and they might be willing
to negotiate.

My real question is - how does someone rack up $65,000 in student
loans to get a teaching certificate? That's like what my sister spent
for law school.


On 5/18/05, Michael T. Tangorre <[EMAIL PROTECTED]> wrote:
> Anyone have any suggestions on the following....
> 
> My fiance has been supporting herself since she was 18, yet she was not
> considered independent until 24. Therefore she could not get federally
> funded financial aid for college (she got a couple grand, but nothing
> major). Anyway, since she was not 24 the fed gov took her parents income
> into consideration when assessing her needs... however they did not take
> into account her parents debt! Without getting into too much personal
> financials, her parents could barely afford to pay the minimums on their own
> bills, let alone help their daughter pay for school. What a shitty hole to
> fall in. Anyway, my fiance is now about 65K in debt with 95% of that being
> through citiassist (not federal/stafford loans!)... which makes them unable
> to be consolidated. Has anyone else been in this situation? She is an
> English teacher with payments about $650/month! We are looking for ways to
> reduce these payments or at least the interest rate (currently around 6.5%).
> Thoughts?
> 
> 
> 
> 
> 

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