Sunday, August 23, 2009

7 Days Left!

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!

8 comments:

alisa said...

How frustrating!! We will be hoping and praying that all goes well. Waiting is always the hardest part! Keep us updated and hang in there friend!

The Canciennes said...

I was just thinking about y'all and the student loans the other day. I hope all goes well. I know this has to be frustrating!

Heather said...

B & I will be praying for you guys. It will only be fair that ya'll don't have to pay for something you didn't get, so we will pray that they will be fair. I am sure the waiting must be so hard.

Tina said...

Good Luck!!!

Jessica said...

Good luck April! I remember when this all first went down. Not fun memories for you or me! Let us know!!

Tina said...

ok..so today's the day...what happened?

Jessica said...

House hunting should start by my house because we have to live by eachother! :)

April Hardy said...

Jess- we are looking in Mesa but a little more east of you. Tina- I keep waiting to hear something and I haven't heard yet.I will post when I do! We fear it may take a couple of days before word reaches everyone. There were 1000's of students affected.