Nursing student loans

So I've recently finished nursing school- and now my loans are beginning to come due. I find it crazy that a job, like nursing, can't get their loans repaid easily. I've tried every avenue I can think of and can't come up with a thing!! My loan repayment will be over 1000/month!! It's crazy... nursing is a higher paid profession but still, something's gotta give :


Try and get put on a graduated or income sensitive payment plan

Can you consolidate to lower your payment while you get yourself settled?

Nope I can consolidate my Federal loans, but they're already in 1 place with an already low interest rate. I called 3 banks and all said nowhere would consolidate the amount I have in private student loans. (nowhere is really consolidating student loans at all...)

I feel your pain! I too, have quite a few student loans....

Quote from careVUNI find it crazy that a job, like nursing, can't get their loans repaid easily.

Over a thousand dollars per month? How big are your loans?

Quote from llgOver a thousand dollars per month? How big are your loans?

Quote from careVUN I find it crazy that a job, like nursing, can't get their loans repaid easily. I've tried every avenue I can think of and can't come up with a thing!! My loan repayment will be over 1000/month!! It's crazy... nursing is a higher paid profession but still, something's gotta give :

Public health? I was on the NC Public Health Nursing website today and they will pay a percentage of student loans you incurred while you were in school if you are hired to work for them now.

Honestly, I can identify with the OP. No, I did not expect my loans to just go away and yes, I knew I would have to pay them back, per the agreement. I have absolutely no problem with that because I was the one who took out the loans. However, I thought being in a "public service" type of career might help me find a private or government loan repayment program for people in the field to help with paying them off. I was not depending on this, but did see it as a potential option. I have seen the governments nursing loan repayment program, but I don't really have the debt-to-income ratio to even compete with some of the other applicants. Also, there were some VA nursing jobs that offered up to $38,000 in loan repayment, so there are willing to help with previously acquired loans. These offers are now very far and few between since the economy downturn, though.So, I am paying my loans off on my own (and am extremely grateful to have a job to be able to do so), because of course in the end, it is my loan, thus my responsibility (just would have been nice to snag one of those jobs that offered loan repayment assistance before they all went bye0bye ).

I understand it has to be paid back, by me, that was never in question. I'm questioning that being in a public service type job should have some kind of education reimbursement. Esp. because soon it will be a requirement (for all the hospitals in my area) for a BSN. I was lucky enough to obtain a job within a month, but that's because I maintained full time employment while in school and went without sleep many, many many nights! I have friends who haven't gotten a job yet and they graduated in may ;09... now some of it I attribute to them not being as proactive as others, being lazy and not really following through on prospective job offers. but they are defaulting on education loan payments... because many lenders only allow 12 months of no payments, for the life of the loan. It just stinks that education can be so costly.

omg join the military and have them pay it off for you! 1K a month is ridiculous! i remember reading an article on yahoo about a girl with a liberal arts major or something and she ended up owing close to 100K after getting her bachelors. she went to a private college. the comments on the article were hilarious. no one could understand why this girl continued to pay outrageous amounts of money for her college degree when it had no return for her. i'm not saying that it's the same situation for you but considering the average pay for a nurse, you may need to pinch your pennies and begin a liking for ramen for a while...unless your family is loaded. that's always a nice thing. i really wish it all works out for you my friend.