Student Loans

[dank83]

I'm new here and I am in the process of paying off my unsecured debt, a car payment, a $1000 medical judgment and some medical debt that is in collections.  I should have all this squared away by the end of 2015.  Once that is complete I will staill have close to $120000 in student loans that will be in deferment.  Unfortunately I will not be able to make a dent in that student loan debt for some time as I will still be in school and then I might only be able to make the minimum payments once I start my career.

How is that student loan debt going to be looked at when they look at my overall credit score?  Do they treat student debt separarately compared to medical, secured, and unsecured debt?

I'm excited to remove the other debt by 2015 but that excitement doesn't really last when I think about the outstanding student debt.

Thanks

[Chris123nTx]

All other things being equal, much will depend on you debt to income ratio once you are out of school. If interest is being tacked on while they are in deferment and you plan on more loans on top of those...well I would suggest cardiology as a nice line of work

the thing about the score is that all of they things you are paying on now, will, unless you can talk them into removing them, remain on your report for seven years.

Student loans are typically reported as installment debt and are not treated differently as far as scores go. They are among the very few kinds of debts that will follow you either until they are paid in full, or you are in your grave.