Until we know the fate of Drew's student loans. We are excited, and slightly nervous about the verdict that is supposed to be given to students who have loans through Student Loan Express for Silver State Helicopters Aug. 31st. We have waited a year and half to know if we have to pay them back for an education Drew never got, or if students will be forgiven of the loans. (Which Citi-Bank has forgiven all the students of Silver State of their loans which sets the bar high for SLX).
Should we be forgiven we can actually move forward with our life. We built a house close to Drews aviation school, and when the school filed bankruptcy we backed out of our home. Since then we have known it would be hard for us to qualify for much with a pending $70,000 loan on Drews credit. Pending is not good.
So what have Drew and I been doing since finding out Aug. 31st is the supposed deadline? Ignoring the nagging idea that we may actually have to pay back these loans for an education Drew never got, and we are also looking at houses. We drove around today looking at some. Should SLX say all students are forgiven you better bet we will be looking for a larger space. That we can own. But there is still that possibility that everything goes bad and SLX can't take the cuts and has their students repay them. In which we will be stuck.
We have been following a blog, of a lawyer who represents many SLX students, which is how we found out about Aug. 31st. HERE
Keep your fingers crossed for us!
6 years ago