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CLASSICS-L  February 2006, Week 1

CLASSICS-L February 2006, Week 1

Subject:

Re: Student Loan Debt

From:

Al Schlaf <[log in to unmask]>

Reply-To:

Classical Greek and Latin Discussion Group <[log in to unmask]>

Date:

Wed, 1 Feb 2006 19:22:01 -0600

Content-Type:

text/plain

Parts/Attachments:

Parts/Attachments

text/plain (54 lines)

Even a 20 year old student loan can come back and bite you.

All through the 1970's, I was paying off my undergraduate student loans. 
The wonderful people at financial aid at my alma mater sold it to Wachovia. 
There were times when I had three different Wachovia offices in three 
different states all saying I owed different amounts, all with hugely 
varying $$ amounts.  By the early 1980's I finally got it settled and paid 
off.  Or so I thought.  I signed up for some courses at the local community 
college in 1989.  In 1991, I got hit dunning notice from my alma mater's 
financial aid office.   I wrote back that I had paid that all off years ago 
and sent them copies of the Wachovia statements.  Nope.  I got an extremely 
nasty, letter stating they had bought the loan back and Wachovia's figures 
were wrong.  I owed about $1200, mostly interest from all those years I was, 
in their view, being a deadbeat.  Hmmm, I had been at the same address for 
years.  The alumni association had no problem sending me all sorts of junk, 
yet financial aid sat back and let the interest pile up, never making an 
effort to collect until it was a substantial sum.  Honestly, I still think I 
had it all paid off, but had no way to fight it and hiring a lawyer was 
beyond our means at the time.

So I made payments, keeping careful records of each and the running total 
until their figure was finally down to zero.  Then I asked for the original 
papers, stamped and notarised that it was paid off.  "Oh, that is going to 
take a while, but don't worry it's paid off," I was told.  "OK," I said, 
"can I have that in writing?"  I was told they do not normally do that.  I 
insisted.  I got a letter, one with that statement and a promise to send the 
official paid off paper work "soon."  It's been over a decade and I still do 
not have it.  I know they have my address, it's been the same for 18 years. 
The alumni association still sends me crap.  They even call to ask if I want 
to make an alumnus contribution.  If I am feeling charitable, I only hang up 
on them.

Somehow, I have a sneaking suspicion that I am going to get a dunning notice 
on that loan on my 90th birthday.  I'll likely be too senile to give a shit, 
anyway..





----- Original Message ----- 
From: "Diana Wright" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Wednesday, February 01, 2006 10:29 AM
Subject: [CLASSICS-L] Student Loan Debt


> And don't get me started on my graduate school loan......
>
> DW
>
>
>
> http://seattlepi.nwsource.com/local/257094_studentloandebt26.html?source=mypi 

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