Private Student Loan Troubles Echo Mortgage Complaints from the Pittsburgh Tribune-Review
"Chris Young knew he had committed to years of payments when he took out nearly $80,000 in private loans for college. But he never thought he’d be stuck with a debt he couldn’t afford. Initially, it didn’t look that way. The 2007 Duquesne University graduate was working at a weekly newspaper in 2009 and paying about $350 a month on his private loans when he learned his monthly payment was doubling, effective immediately."
"Chris Young knew he had committed to years of payments when he took out nearly $80,000 in private loans for college. But he never thought he’d be stuck with a debt he couldn’t afford. Initially, it didn’t look that way. The 2007 Duquesne University graduate was working at a weekly newspaper in 2009 and paying about $350 a month on his private loans when he learned his monthly payment was doubling, effective immediately."
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