Higher Education Student Assistance Authority (HESAA) Student Loan Complaint

Higher Education Student Assistance Authority (HESAA) Student loan department,

Non-federal student loan Can't repay my loan New York

I attended - -. School of - and graduated in -. The legal industry has not recovered from the recession. I am employed full-time - in New York -. I make $65000.00 pre-tax, annually. I make $3400.00 a month, post-tax. I borrowed from the New Jersey Higher Education Student Assistance Authority. When I researched and signed this loan ( really, - separate loans ), I was under the impression the company was affiliated with the State of New Jersey, and as such, would have a loose enough affiliation with the Federal government such that it would be subject to Federal repayment guidelines. Total amount borrowed : $180000.00. The total monthly repayment amount of my NJ HESAA loans is $1500.00. On top of that loan, I also borrowed roughly $80000.00 in Federal loans. My Federal loans have been in deferment/forbearance ( for - and most of - ) and until recently, IBR ( for most of -, - and barely - ). I have been advised that my IBR Federal loans have expired, and was asked to re-apply. I did, and was recently informed by Nelnet ( the Federal loan processing company ) that I did not qualify for IBR. As such, Nelnet expects me to pay $800.00 at the end of the month. HESAA, after repeated and courteous requests from me, refuses to offer ANY repayment cooperation. From IBR, deferment, reducing interest rates, NOTHING. I am youngish ( - ) and fear that I will never be able to crawl out from under this rock of debt. I am writing to put CFPB on notice that NJ HESAA is a predatory lender and should be treated as such. Thank you for reading and for your time.