student loans

It's good that you want to make a payment towards the loan that you owe for 10 years.

Anyway, you may need to investigate into the statute of limitation of the loan before making a move. It might have happened that the SOL on the loan has expired by now, which legally frees you from paying it back. However, this is only true for privately owned student loans. The Federally backed student loan has no SOL.

it is a federal studen loan, so i know the principle has not and will not expire... I was more worried that i would have a hard time doing anything if they were not willing to settle for instance on the principle, I would have thought it would be in their benefit to settle for the originalprinciple then nothing considereing the time involved and the fact that I do not recide in the country. i work for minimum salary so I would not be able to afford the intrest...

IMO you need to contact the lender to check if the Federal student loan consolidation is an option for you or not.

However, just stick around, you may soon hear your options from the other members too.

Federal loan consolidation is not an option for someone with an out of country address other than US military member.

im not needing consolidation mainly looking to settle for a one time lump sum, consisting of the principle, for a loan thats been in default for over 10 years and so but worried mainly if there is a way to do this as the intrest etc and fees would make the sumanattainable....