Grieving parents to pay loan

$45,575 of $95k goal

Raised by 704 people in 25 months
Steve Mason   REDLANDS, CA
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.
+ Read More
Update 34
13 months ago
1
1
Hi,
Thanks to the unbelievable kindness and generosity of so many, we are happy to report that the goal of our campaign has been reached. We cannot thank everyone enough! We will be closing this account, so if you have been a monthly contributor, you can stop donating as of today. Once again, we are so grateful for everything you have done for our family.
+ Read More
Update 33
13 months ago
Shortly after CNN published our story, our cousin, Denise created this Go Fund Me page. We wanted to give all of you an update and try, again, to share the thanks and gratitude that we have for all of you.

We began our story with an incredible $200,000 student loan debt inherited by us from our daughter’s death. From the outpouring of all of you, that debt has been reduced to one-half of that amount.

We are still amazed and humbled by the generous actions of the many people that have given so unselfishly to us. We so appreciate those who still continue to give monthly whatever they can to help our family. Our grandchildren remember and speak about your kindness. You have contributed in helping them grow into generous and kind individuals themselves.

We will never forget each and every one of you. Some of you don’t believe in God, but we ask that God will indeed guide all of your lives and bring the kindness and generosity into your lives, as He has used you to bring into ours.

Thank you from all of us!

P.S. Please sign our petition to help prevent this from happening to other families. You can find the link to the petition here ...

https://www.change.org/p/please-forgive-private-student-loans-when-the-primary-borrower-dies

If clicking on the link doesn't work you can copy and paste this address to sign our petition, and please repost the link.
+ Read More
Update 32
18 months ago
Here is the link to our petition on Change.org ...
Change.org/studentloandebt
Please sign our petition, and then repost it on Facebook, Instagram and Twitter.
Thanks!
+ Read More
Update 31
19 months ago
Cara, If you look at our past updates, you will see that our loans are not Federal Student Loans. They are Private Student Loans, which are regulated differently than the Federal Loans. Private Student Loans are not dischargeable upon death. That is the purpose for our petition on Change.org, which as been signed by over 211,000 people.
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Read a Previous Update
Help spread the word!
 1.8K total shares
Lily Bright K. Elteto
13 months ago

Wow! Good job and good luckfaeryluckfaeryluck. Hugs, LilyKat

+ Read More
Sonia Marie Svensk Liskoski
13 months ago

thegov't. covers its butt...wouldn't we all if we could...lol. How could the legislative geniuses ever afford to forgive their own offsprings' student loans if we didn't pay for it all? Don't worry Steve...you can count on real neighbors to have your back!

+ Read More
Anne Harrington
18 months ago

Corinthian College, the largest of its type, just forgave $480 million in private student loans. Stock went to 0!! It owns a lot of these paper mill colleges and most of them are or will be under litigation in many states(CA for sure). The next meltdown will be when all the Federal Student Loans come due at the @ 7% which the US Treasury reaps ALL the profit. Will need for Republican war machine.

+ Read More
Denise Mason
19 months ago

Cara ... What Steve writes is true. Research it. Unfortunately more students, like Lisa, do NOT qualify for Fed Gov loans and, as such, are left with no alternative but to take out private loans ... and, sadly, there is ZERO recourse for people like Steve, his wife and Lisa's children. For your benefit, I am Steve's cousin. That said, what he writes and what I tell you is verifiable. The main thing these people seek is the same treatment provided any other individual seeking to improve their ability to be a contributing member of society and, in turn, create a better life for her children. There is absolutely no "scam" as you reference here. Simply asking for same/same treatment as you may enjoy if you have Fed Gov loans. Consider signing the petition.

+ Read More
Cara Summerfield
19 months ago

I'm not sure what's actually going on here, but I have student loans and the only way that you can get out of paying for student loans is through death. They are dischargeable. I'm not in the market of accusing anyone anything, so I have to ask if this is for real. Here are the guidelines for discharging student loans taken from studentaid.ed.gov. Death Discharge If you, the borrower, die, then your federal student loans will be discharged. If you are a parent PLUS loan borrower, then the loan may be discharged if you die, or if the student on whose behalf you obtained the loan dies. The loan will be discharged if a family member or other representative provides a certified copy of the death certificate to the school (for a Federal Perkins Loan) or to the loan servicer (for a Direct Loan or FFEL Program loan). For more information, contact your loan servicer. Are you trying to run a scam on people?

+ Read More
Brenda Bauer
20 months ago

I am in the same situation however only $55.000.00 and we also started a go fund me campaign but are a long ways from success ..I pray daily that senate can get this set for people and we can start the grieving process finally ..god bless your family as well

+ Read More
Carl Kulpa
21 months ago

I am grateful for everyone’s generosity and outpouring of support to this family, but quite surprise by the volume of perpetually misinformed offering very simple advice (aka most logic) which disregards that fact that simple advice clearly wouldn’t fix this massive problem. Advice that would otherwise not help, though given with best of intentions can still be quite insulting. This family has PRIVATE LOAN DEBT which CANNOT be forgiven through any current legal means BANKRUPTCY OR OTHERWISE. The only way to pay this off is to honor the agreement with the lender (pay the loan). GOVERNMENT LOANS ARE FORGIVEN. Government is not on the hook for this one upfront. It has however created the loophole for private corporations to legally loan shark. I see this site as both a means to solving the family’s debt and an indirect way to raise awareness of a serious problem affecting our nation’s growing debt. This loophole - being exemption from bankruptcy on private student loans. I do not wish to be mean or to stir debate, but a compassionate plea needs its responders spreading an objective message as to not turn off future supporters when a simple solution could otherwise have ended this.

+ Read More
Sean Craig
23 months ago

First, my condolences to your and your family. This is definitely an unfortunate situation. When it comes to loans (especially from these government agencies), there is no foregiveness. They cover themselves by requiring a co-signer in case of this type of situation or the primary borrower simply becoming unable to repay too. What these agencies should do is include a life insurance clause within the note (that does end up getting paid by the borrower until the note is completed). I recall non-student loans where this is indirectly included on some (and factored in with the interest rate). Most people turn it down (if an option), but it sounds like it should be an option in these types of loans for this very reason. OR, the borrower should be educated about this type of situation and encouraged to buy a life insurance policy separately. Nobody wants to think of their children dying before themselves, but this is a reality where you should be protected. Since this is too late in this situation, it seems like the only way out is to file bankruptcy, but I've heard where these loans aren't that easy to get out of even in that situation too -- I'll leave that to the lawyers to decide & answer to, however. I've co-signed for others where I requested being named as the primary beneficiary on their life insurance policy (or have one purchased for them) just in case something should happen to them, even if it's an unlikely situation or thought. After reading comments from others, it seems that life insurance would have been the ultimate solution, but obviously has to be done prior. The cost on a simple policy for a borrower so young wouldn't be too excessive either.

+ Read More
Neva Smith
23 months ago

It depends who they got the loan from.. If it was one of the government loans when someone dies or gets disabled the loans are gone. I lost my 2 youngest sons in a car accident & am not rich & still have to pay on my college loan that is over 20 yrs old. I only make $18,000 a year on my SS & retirement & 65 years old. Even my kind of government school loan does NOT care how broke or old you are though.... ! It is all SAD! Wish I could contribute but I am not even paying on my loans. I am on deferred till the day I die. WRITE PRESIDENT OBAMA and see what he can do. I would if in your circumstances. Good Luck.

+ Read More
Romona Armstead
23 months ago

It is downright cruelty for this family to go through this.

+ Read More
Janet Newsom
23 months ago

My husband had a student loan for my son through ACS. After his stroke in 06, he began the process of getting it dismissed due to his disability. He had to provide lots of financial statements etc. Then when he passed away in 2010, I had no problem getting them to continue with the process and it was dismissed. So I know ACS can do it!

+ Read More
Holly Averyt
23 months ago

It is truly a shame that Lisa's student loan lenders still wanted their money back even though Lisa passed away, but to double the loan's cost just because of late penalties is absurd and incomprehensible!! There is no excuse for the loaner to act so cruel and down right vicious!! Another petition needs to be made to stop high penalties on student loans, especially when someone is trying to work with them and/or has made attempts to pay the loaner previously!! Companies and corporations who specialize in loaning money for student loans need to be brought back down and put in their place once and for all so they will stop this greed!!

+ Read More
E Clare
23 months ago

Take a look at this movement. It could help. Power to students instead of the lending foundations. We are more than just loan #s and collectively we have power. https://debtcollective.org/

+ Read More
Peggy Roth
23 months ago

Ther is a student loan forgiveness program that will help.

+ Read More
Neviana Dimova
23 months ago

http://www.change.org/p/seiji-hayashi-md-do-not-outsource-american-jobs-when-americans-qualify-for-them

+ Read More
JB Mills
23 months ago

I really enjoy reading everyone's comments for this family to absolve their debt via bankruptcy. To the Mason family I say this, "I apologize for these peoples short sightedness and utter disregard for your loss and plight." Having watch my student loan debt balloon from 25k to 125k I know, at least partially, what you are going through. I have emailed Senators, contacted newspapers, and stretched my hand out for awareness to the general public for almost a decade. It was gratifying to start seeing news reports several years ago and to see some politicians take action vs legal loan sharking: aka - student loans. Please put up the good fight. Bankruptcy does not resolve the issue that you are facing, nor anyone else is facing that has or will go through this in the future. Your loss is a tragedy. I am sorry and hope you make it through these trying times. Please people, do not suggest bankruptcy. Do your part by following the lead of these brave souls and take action. We do not need to be making money off our children's future and holding the families of those who have lost enough to burden more. It is our tax money providing funding for student loans. Reform is everyone's responsibility and the Mason's cannot do it alone!

+ Read More
Lakajaba Acosta
24 months ago

I can't imagine what you and your family are going through, But I think Robert Anderson is the person you need to talk to. Nobody wants to or plans to file bankruptcy, but sometimes it is the only option. Take care and God bless.

+ Read More
Shelly Alexandra
24 months ago

Unfortunately @Adrienne Stevens, the loan forgiveness is only applicable to federal student loans not the private loans of issue here. My thoughts are with the Mason family for having to face such corporate greed. Hopefully something will come of the change.org petition and the money raised here will help you during this difficult time.

+ Read More
Adrienne Stevens
24 months ago

https://studentaid.ed.gov/repay-loans/forgiveness-cancellation#death-discharge THIS will tell you exactly who to contact with your death certificate. They will usually discharge even a loan with parents on it. I havent watched all your interviews, so I hope this info helps. Only you know the exact type of loans etc. god Bless you and your family.

+ Read More
Ashley Hull
24 months ago

I really wish I could help my prays go to you

+ Read More

$45,575 of $95k goal

Raised by 704 people in 25 months
Created July 29, 2014
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Lily Bright K. Elteto
13 months ago

Wow! Good job and good luckfaeryluckfaeryluck. Hugs, LilyKat

+ Read More
Sonia Marie Svensk Liskoski
13 months ago

thegov't. covers its butt...wouldn't we all if we could...lol. How could the legislative geniuses ever afford to forgive their own offsprings' student loans if we didn't pay for it all? Don't worry Steve...you can count on real neighbors to have your back!

+ Read More
Anne Harrington
18 months ago

Corinthian College, the largest of its type, just forgave $480 million in private student loans. Stock went to 0!! It owns a lot of these paper mill colleges and most of them are or will be under litigation in many states(CA for sure). The next meltdown will be when all the Federal Student Loans come due at the @ 7% which the US Treasury reaps ALL the profit. Will need for Republican war machine.

+ Read More
Denise Mason
19 months ago

Cara ... What Steve writes is true. Research it. Unfortunately more students, like Lisa, do NOT qualify for Fed Gov loans and, as such, are left with no alternative but to take out private loans ... and, sadly, there is ZERO recourse for people like Steve, his wife and Lisa's children. For your benefit, I am Steve's cousin. That said, what he writes and what I tell you is verifiable. The main thing these people seek is the same treatment provided any other individual seeking to improve their ability to be a contributing member of society and, in turn, create a better life for her children. There is absolutely no "scam" as you reference here. Simply asking for same/same treatment as you may enjoy if you have Fed Gov loans. Consider signing the petition.

+ Read More
Cara Summerfield
19 months ago

I'm not sure what's actually going on here, but I have student loans and the only way that you can get out of paying for student loans is through death. They are dischargeable. I'm not in the market of accusing anyone anything, so I have to ask if this is for real. Here are the guidelines for discharging student loans taken from studentaid.ed.gov. Death Discharge If you, the borrower, die, then your federal student loans will be discharged. If you are a parent PLUS loan borrower, then the loan may be discharged if you die, or if the student on whose behalf you obtained the loan dies. The loan will be discharged if a family member or other representative provides a certified copy of the death certificate to the school (for a Federal Perkins Loan) or to the loan servicer (for a Direct Loan or FFEL Program loan). For more information, contact your loan servicer. Are you trying to run a scam on people?

+ Read More
Brenda Bauer
20 months ago

I am in the same situation however only $55.000.00 and we also started a go fund me campaign but are a long ways from success ..I pray daily that senate can get this set for people and we can start the grieving process finally ..god bless your family as well

+ Read More
Carl Kulpa
21 months ago

I am grateful for everyone’s generosity and outpouring of support to this family, but quite surprise by the volume of perpetually misinformed offering very simple advice (aka most logic) which disregards that fact that simple advice clearly wouldn’t fix this massive problem. Advice that would otherwise not help, though given with best of intentions can still be quite insulting. This family has PRIVATE LOAN DEBT which CANNOT be forgiven through any current legal means BANKRUPTCY OR OTHERWISE. The only way to pay this off is to honor the agreement with the lender (pay the loan). GOVERNMENT LOANS ARE FORGIVEN. Government is not on the hook for this one upfront. It has however created the loophole for private corporations to legally loan shark. I see this site as both a means to solving the family’s debt and an indirect way to raise awareness of a serious problem affecting our nation’s growing debt. This loophole - being exemption from bankruptcy on private student loans. I do not wish to be mean or to stir debate, but a compassionate plea needs its responders spreading an objective message as to not turn off future supporters when a simple solution could otherwise have ended this.

+ Read More
Sean Craig
23 months ago

First, my condolences to your and your family. This is definitely an unfortunate situation. When it comes to loans (especially from these government agencies), there is no foregiveness. They cover themselves by requiring a co-signer in case of this type of situation or the primary borrower simply becoming unable to repay too. What these agencies should do is include a life insurance clause within the note (that does end up getting paid by the borrower until the note is completed). I recall non-student loans where this is indirectly included on some (and factored in with the interest rate). Most people turn it down (if an option), but it sounds like it should be an option in these types of loans for this very reason. OR, the borrower should be educated about this type of situation and encouraged to buy a life insurance policy separately. Nobody wants to think of their children dying before themselves, but this is a reality where you should be protected. Since this is too late in this situation, it seems like the only way out is to file bankruptcy, but I've heard where these loans aren't that easy to get out of even in that situation too -- I'll leave that to the lawyers to decide & answer to, however. I've co-signed for others where I requested being named as the primary beneficiary on their life insurance policy (or have one purchased for them) just in case something should happen to them, even if it's an unlikely situation or thought. After reading comments from others, it seems that life insurance would have been the ultimate solution, but obviously has to be done prior. The cost on a simple policy for a borrower so young wouldn't be too excessive either.

+ Read More
Neva Smith
23 months ago

It depends who they got the loan from.. If it was one of the government loans when someone dies or gets disabled the loans are gone. I lost my 2 youngest sons in a car accident & am not rich & still have to pay on my college loan that is over 20 yrs old. I only make $18,000 a year on my SS & retirement & 65 years old. Even my kind of government school loan does NOT care how broke or old you are though.... ! It is all SAD! Wish I could contribute but I am not even paying on my loans. I am on deferred till the day I die. WRITE PRESIDENT OBAMA and see what he can do. I would if in your circumstances. Good Luck.

+ Read More
Romona Armstead
23 months ago

It is downright cruelty for this family to go through this.

+ Read More
Janet Newsom
23 months ago

My husband had a student loan for my son through ACS. After his stroke in 06, he began the process of getting it dismissed due to his disability. He had to provide lots of financial statements etc. Then when he passed away in 2010, I had no problem getting them to continue with the process and it was dismissed. So I know ACS can do it!

+ Read More
Holly Averyt
23 months ago

It is truly a shame that Lisa's student loan lenders still wanted their money back even though Lisa passed away, but to double the loan's cost just because of late penalties is absurd and incomprehensible!! There is no excuse for the loaner to act so cruel and down right vicious!! Another petition needs to be made to stop high penalties on student loans, especially when someone is trying to work with them and/or has made attempts to pay the loaner previously!! Companies and corporations who specialize in loaning money for student loans need to be brought back down and put in their place once and for all so they will stop this greed!!

+ Read More
E Clare
23 months ago

Take a look at this movement. It could help. Power to students instead of the lending foundations. We are more than just loan #s and collectively we have power. https://debtcollective.org/

+ Read More
Peggy Roth
23 months ago

Ther is a student loan forgiveness program that will help.

+ Read More
Neviana Dimova
23 months ago

http://www.change.org/p/seiji-hayashi-md-do-not-outsource-american-jobs-when-americans-qualify-for-them

+ Read More
JB Mills
23 months ago

I really enjoy reading everyone's comments for this family to absolve their debt via bankruptcy. To the Mason family I say this, "I apologize for these peoples short sightedness and utter disregard for your loss and plight." Having watch my student loan debt balloon from 25k to 125k I know, at least partially, what you are going through. I have emailed Senators, contacted newspapers, and stretched my hand out for awareness to the general public for almost a decade. It was gratifying to start seeing news reports several years ago and to see some politicians take action vs legal loan sharking: aka - student loans. Please put up the good fight. Bankruptcy does not resolve the issue that you are facing, nor anyone else is facing that has or will go through this in the future. Your loss is a tragedy. I am sorry and hope you make it through these trying times. Please people, do not suggest bankruptcy. Do your part by following the lead of these brave souls and take action. We do not need to be making money off our children's future and holding the families of those who have lost enough to burden more. It is our tax money providing funding for student loans. Reform is everyone's responsibility and the Mason's cannot do it alone!

+ Read More
Lakajaba Acosta
24 months ago

I can't imagine what you and your family are going through, But I think Robert Anderson is the person you need to talk to. Nobody wants to or plans to file bankruptcy, but sometimes it is the only option. Take care and God bless.

+ Read More
Shelly Alexandra
24 months ago

Unfortunately @Adrienne Stevens, the loan forgiveness is only applicable to federal student loans not the private loans of issue here. My thoughts are with the Mason family for having to face such corporate greed. Hopefully something will come of the change.org petition and the money raised here will help you during this difficult time.

+ Read More
Adrienne Stevens
24 months ago

https://studentaid.ed.gov/repay-loans/forgiveness-cancellation#death-discharge THIS will tell you exactly who to contact with your death certificate. They will usually discharge even a loan with parents on it. I havent watched all your interviews, so I hope this info helps. Only you know the exact type of loans etc. god Bless you and your family.

+ Read More
Ashley Hull
24 months ago

I really wish I could help my prays go to you

+ Read More
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