Q: I Have Student Loans of $66,000, Including $20 in Penalties, Fees and Interest. My Salary is $1,500 a Month. My Required Student Loan Payments are is $415 a Month. I Want to Get Them out of Default. Any Advice?
A: I know those student loans seem overwhelming right now, especially given your modest salary. But there are some steps you can take to improve your situation.
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