How to pay off $50k in defaulted federal student loans? + other questions Hi all, I’ve just read through the relevant guides in the stickied post above. That being said, I’d like to get back on track financially before pursuing FI (financial independence). I am a 34M American and I’ve been living abroad for over 7 years now. Coincidentally, I also have $36k in federal student loan debt that has since ballooned up to $…

My sibling defaulted on student loans and now my parents owe $60k, destroying their plans of retirement. My sibling always seemed to be responsible so this came as a shock. My dad co-signed the college application, and he’s been getting calls and letters from the bank for months, if not a year, but my sibling always said that they were taking care of the payments. They were just a month behind, a late payment, etc.. My parents were always told that…