Sallie Mae Manage Your Loans
January 16, 2011 by staff
Sallie Mae Manage Your Loans, If there is ever a class in how to stay calm while trapped in loans and 250,000, Michael Wallerstein should teach. Here he is sitting one afternoon in a restaurant on the Upper East Side of Manhattan, a large, sandy-haired, 27-year-old radiating a kind of serenity surfer-dude. His secret, if the right word, is almost ignored all calls and letters he receives every day from now the dozen creditors harass for money.
“And I did not open the e-mail alerts with my credit score,” he added. “I can not watch my credit score more.”
Mr. Wallerstein, who cannot afford to repay the interest and then look at the outstanding loan balance growth, is roughly in the same financial hell that the people who bought more houses than they could allow for the housing boom. But creditors cannot exclude him because he has not spent money on a house.
He passed a law degree. And from all angles, this now looks like a disastrous investment.
Well, from all angles, except one: the perspective of law schools. Judging by the data that law schools to collect, which are published asanlyzed by U.S. News and World Report rankings annual, the prospects of young doctors of jurisprudence are downright rosy.
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