This is for all the students who want to go to college and think student loans are the only way to pay for it. Well, for many of us who are not independently wealthy, it IS practically the only way to pay for it! Here’s a little advice before signing Read more…
As I logged in to pay my monthly pound of flesh to HESAA I noticed something different…a three star Google rating? What?! Has HESAA decided to enact “self reform” and lower interest rates for struggling borrowers? Has HESAA offered standard bankruptcy protections? Has HESAA decided to “do the right thing” Read more…
Since 2014 a few brave souls have toiled in the bowels of HESAA HELL trying to echo the chorus of howling voices suffering in silence. While there has not been enough on the ground or legal action to back up our collective tales of woe that may soon be coming Read more…
There is so much rotten in the State of New Jersey. Yet few things stink to high heaven as badly as this letter sent to grieving parents regarding their deceased son’s NJClass student loans. The student has died, his education and the prosperous future that loan was supposed to have Read more…
I know that there is some hope for the future when I type HESAA into Google and find lot’s of negative reviews on social media. I mean, it was bound to happen right? Saddle Millennial’s with future crushing debt, add the internet and you have the kind of frustration and Read more…
Sign the petition for debt relief for HESAA/NJCLASS borrowers in default! https://www.change.org/p/hesaa-njclass-private-student-loans-demand-nclass-to-offer-rehabilitation-loans-to-defaulted-borrowers-amend-n-j-a-c-9a-10-6-18-and-all-other-controlling-statutes-in-which-hesaa-njclass-operates-under-to-grant-rehabilitation-loans-to-borrowers-who-ha?recruiter=39776471&utm_source=share_petition&utm_medium=facebook&utm_campaign=share_facebook_responsive&utm_content=small Below you will find the text of a petition which I encourage everyone who visits this blog to sign. Written by a friend to people experiencing the depths of HESAA HELL, Deborah C. Gumpper has taken the Read more…
Over the years I have become convinced that based on the mammoth profits this state agency (that supposedly serves the students of New Jersey) has raked in, there must be enough people who have borrowed from HESAA/NJClass to fill a stadium. That means there are far more of us Read more…
Hi, Mark. Love your site. I have my own, strange story to tell: I took out roughly $38,000 for 4 years through HESAA prior to graduating in 2008. I was keeping up on the payments, and then in 2009, I went through a separation and subsequent divorce. During this Read more…
I can hear it now. “You borrowed this money, it’s your problem that you owe it, tough shit kid!” When students rightly demand answers about how they got into the debt hole the “personal responsibility” and “Protestant Work Ethic” crowd do back flips thinking all students who borrow are financially Read more…
A friend of HESAA HELL dropped this note in my inbox. One would think that if HESAA spent more time actually helping borrowers than lecturing them we’d all be better off. Better yet, we should abolish HESAA, lower tuition and increase grants and scholarships! ————— I have a short but Read more…