Consumer complaint received 2015-03-31
Company: ECMC GROUP, INC.
State: CA
Product: Student loan
Sub-product: Non-federal student loan
Issue: Can't repay my loan
Sub-issue: Can't decrease my monthly payments

Complaint:
I graduated with a XXXX from XXXX of the top XXXX in the country in fall of 2008 with a high GPA. Upon graduation, I had over {$130000.00} in combined private loans and federal loans. The admission counselors at the for-profit college where I received my degree told me that they had a strong job matching program for their graduates. They told me before I took out the loans to attend the college, that they would help me find a job upon graduation. When I was in my last few semesters before graduating, the director of the career development office discouraged me from seeking internships outside of career development office, and to only focus on the internships through the school program. I realized after applying to multiple internships through the college and not receiving any internship offers while in college, that I had been given terrible advice by the college. Since I graduated in 2008, I have applied to XXXX of internships and jobs. I have not received any offers for internships, part-time jobs, or full-time positions for what I have a degree in, a XXXX. I have only been able to find work in my field as an occasional XXXX, and that is rare. I have been forced to find work as a part-time XXXX while I continue to broaden my skills in XXXX and other talents. I have been unable to afford to pay any of my federal loans, private loans or interest back other than the occasional {$30.00} per month, which I ca n't even afford. I am bombarded by student loan debt collector calls daily, and I do n't know what to do. I truly feel that I should not have been able to get approved for such high loans to attend the college where I graduated from. I also feel that my school mislead me and gave me false information about it 's graduates success rate in finding work in their field. I feel lied to by my college, mislead and sold a fantasy in order to have students pay their massive tuition. For the past 6 years after graduating I have been struggling just to pay my rent and basic needs, when if I had been hired for full-time work in my field, I could be contributing to improving the economy. Our president should bailout our students who have a large amount of student loan debt by ( forgiving a great percentage of student loan debt ). Especially for students that graduated shortly before and after the great recession began in 2008. The president bailed out the banks and XXXX XXXX financial leaders, who are now becoming even more wealthy and powerful. Our government has done nothing of significance to help the students with debt to rebound from the fall of our economy. If student loan debt was forgiven in large part, I believe that our middle class would grow stronger again. Because there is no real student loan forgiveness policy in place, the struggling graduates continue to struggle and the banks and the top % XXXX get wealthier. When I took out my student loans before and during my degree program, the economy was doing great. I graduated at the worst possible time, and now I 'm suffering because I worked hard in college and received my degree. I would have never took out large loans, if I had known how difficult it would be to find work in my field. I need help and I do n't know where to turn. Any advice on what to do to find student loan debt relief would be greatly appreciated. 

Thank you, Struggling College Graduate

Company public response: Company chooses not to provide a public response
Company response to consumer: Closed with explanation