We have received substantial help from NCO. We are waiting to hear from ACS and Sallie Mae / Navient. We are hoping they will reduce the balances enough so we can pay them off.
Darnelle and I will be on Fox's The Daily Helpline this Tuesday, August 19. If you are in Southern California you can watch the show on Channel 13 at noon PST. The Guest host is DeVon Franklin, the Producer of the movie "Heaven Is For Real".
Please consider emailing your congressmen and senators requesting that private student loans be allowed to be discharged in bankruptcy. Also ask that loans be forgiven whenever the primary borrower dies. You should also google Christopher's Law, a bill introduced to the House of Representatives that addresses the issues we all face with our student loans. And please sign our petition. The link is
Change.org/studentloandebt. Thank you.
Darnelle & I will be on “America’s Newsroom with Bill Hemmer and Martha MacCallum.” tomorrow morning, Aug. 7th, at approximately 9:35am EST.
Darnelle and I were interviewed yesterday by a producer for Inside Edition. The segment will air on today's show (Aug. 5th). If you would like to watch it, it is on KCAL 9 @ 3:30PM PST. If you are not in Southern California, you can watch the program on your local stations, but I'm not sure what time the show is on.
Some of the people who have donated have questions about our church. You can go to our church website at www.oasisweb.org.
You can read about our history and watch videos of our sermons on our website if you are interested.
Our family is overwhelmed by your love and generosity. While we have a long way to go, we also wanted to let you know that we have lowered our goal amount in response to one of the loan-holders discharging their balance today in the amount of $12,000. We are so grateful for CNNMoney and other media outlets willingness to tell our story, and for each of you. Thank you, again.
THE FOLLOWING IS AN EXCERPT FROM AN ARTICLE BY BLAKE ELLIS ON CNNMONEY ABOUT THIS CAUSE. TO READ THE FULL ARTICLE, CLICK HERE
IF YOU CAN HELP, PLEASE DO. EVERY SINGLE DOLLAR MAKES A DIFFERENCE.
When his 27-year old daughter Lisa died suddenly of liver failure five years ago, Steve Mason was as devastated as any father would be.
He and his wife Darnelle immediately took in Lisa's three children -- ages 4, 7 and 9 at the time -- even though they knew it would be a huge struggle to support them. Steve earns less than $75,000 per year as a pastor, while Darnelle earns even less as a director at the same church.
Then the student loan bills started coming.
Mason had co-signed on the $100,000 in private student loans that his daughter took out for nursing school, and the lenders wanted their money.
Unable to keep up with the monthly payments on top of all of the other mounting expenses, the $100,000 balance ballooned into $200,000 as a result of late penalties and interest rates of as high as 12%.
"It's just impossible on a pastor's salary raising three kids to pay $2,000 a month on loans," said Mason, who has been searching for a second job.