Hello. I am at my wit's end with my private student loans. I have about $150,000 in student loan debt. I take home about 2074/month, and pay $1330 of it to student loans. I have a co-signer whom I am unable to remove from my loans at this time. The only other debt I have is my car. The creditors are unwilling to lower my payment at time, and my co-signer is unwilling to co-sign with my to consolidate my debt. I've thought about quit paying just so I can afford basic necessities but that would negatively affect my co-signer, and will likely create an even worse situation for me. I've even thought about writing a letter to affluent leaders that I've read about in Newsweek and the Economist to get guidance, assistance, or some glimmer of hope about this crazy mess I've gotten myself into.
I've given up on saving for retirement, buying a house, or doing any of the wonderful things I've dreamed about doing.
Any ideas on what someone in a hopeless situation like mine can do?
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