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Thread: Question About Student Loans

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    Veteran Member Jade62013's Avatar
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    Default Question About Student Loans

    So currently I cam, and I make enough money to feed myself and survive. But I'm looking for a second, vanilla job using my degree so Ill be happier and have more money.

    I graduated top of my class, did lots of internships, have references, professors loved me, the whole 9. My degree was in biochem and I have lots of experience so I should be able to find a lab tech job no problem (I worked full time as a lab tech for a year after I graduated, then I took a year off cuz of health issues, and now Im looking for a job again). But all the lab tech research jobs are at the university where I graduated, pretty much. My university and its related hospital system pretty much contain all the research jobs in my area. Now, on the application they ask if I have financial obligations to the university that are delinquent and I said yes because I haven't been paying my student loans and I'm pretty sure they've defaulted but I also said I'm trying to work with them on solving the issue (which is true).

    But this is such a paradox-will they deny me the job because I can't pay my student loans? But I need a second job TO pay my student loans! How circular is this???

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    Default Re: Question About Student Loans

    i dont think you have financial obligations to the university because they were already paid with all of those loans. youre deliquent to the gov or banks.

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    Banned Melonie's Avatar
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    Default Re: Question About Student Loans

    ^^^ agreed ... the question referred to 'direct' debts owed to the university.

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    Veteran Member Jade62013's Avatar
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    Default Re: Question About Student Loans

    No, the question said "including student loans such as Perkins loans, etc." (and I definitely have those). Also I remember reading that a lot of my student loans were directly from the university.
    Last edited by Jade62013; 05-14-2014 at 12:23 PM.

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    God/dess lynn2009's Avatar
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    Default Re: Question About Student Loans

    Quote Originally Posted by Jade62013 View Post
    Also I remember reading that a lot of my student loans were directly from the university.
    Yes, I had some loans directly though my college also (although a small amount). I would still apply for positions at the university and don't lie on the application. If you can find out which professors are hiring I highly recommend you contact them directly. Can you contact where you were working your first year out? Contact your old school adviser? Maybe you could start a situation where all of your vanilla money goes to paying your school loans and you can continue to cam like you have been for your own living expenses.

    Also, have you tried looking for entry level jobs that aren't related to your university? You'd really be surprised at all the small companies in a commutable location. I would make your resume public on sites like monster, indeed.com, etc and wait for someone to contact you. That's how I got my first position out of college at a small lab I never would have imagined existed in the town.

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    Default Re: Question About Student Loans

    I think you should explain the situation to the university directly and see what they say... there's no point in lying to them. I still have around 30k in debt, but I don't owe my university anything, I owe different loan companies for my loans, but your situation could be different. And I'm going to owe debt for a while since I'm going to be paying off the loans in the next 5-10 years. Most graduates are in that position, it's kind of ridiculous to expect a recent college graduate to have NO loans in the USA, so I can't imagine that still owing money means they won't hire you.

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    God/dess lynn2009's Avatar
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    Default Re: Question About Student Loans

    Quote Originally Posted by audrey_k View Post
    I can't imagine that still owing money means they won't hire you.
    I think the difference is in still having a balance but having on-time payments vs. going delinquent.

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    Banned Melonie's Avatar
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    Default Re: Question About Student Loans

    ^^^yup if the job app question specifically references FAFSA loans, then this is likely the result of gov't policy intended to motivate 'delinquent' student loan borrowers to 'pay up'. Seems counter-productive though, since denying 'delinquent' borrowers an opportunity to receive a paycheck also deprives them of earnings with which to catch up on delinquent student loan payments.

    For that reason, it's also possible that the opposite is true ... i.e. a stealth 'affirmative action' program with FAFSA pressuring universities to give hiring preference to delinquent student loan borrowers !!!

    Please let us know how this turns out !!!
    Last edited by Melonie; 05-15-2014 at 08:13 AM.

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    Veteran Member Jade62013's Avatar
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    Default Re: Question About Student Loans

    I'll let you guys know how this turns out

    When I apply for a job, I am always honest-I never lie outright, but I obviously DO try to frame everything in the most positive light possible. So I was honest about having deliquent financial obligations.

    I started my job search this past week I applied to 46 jobs so far...only 1 has been somewhere besides where I went to school. But yeah I'll keep looking let you all know how this turns out

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    God/dess lynn2009's Avatar
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    Default Re: Question About Student Loans

    Hon, have you had any luck?

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