Do you owe 50K on principle? Then that's what you have to pay off. If you swing paying 25-40K towards it you'll be saving a ton of interest, maybe.

Student loans are different than others as you cannot wipe them away, even under bankruptcy...so companies have zero incentive to do what you want.

Quote Quoting ryuker16
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Do I have to enter default and wreck my credit score before I can even bring them to the negociating table?
Where did you get this idea???? Its a bad one for a student loan.