<prompt> Human: I am currently in school to change my career, this is entailed quitting my full time job and going back to school to get a second bachelor degree. I am currently drowning in private student loan debt from my first bachelor degree, totaling about 380k, and credit card debt, totaling just over 25k. I have been working with a Financial Adviser to help with negotiate settlements with the various student loan agencies. My FA has advised me to stop paying all of my student loans and credit cards. So far, I have only been getting phone calls, emails, and letters in the mail. I want to know if my FA is pointing me in the correct direction to solve the problems of the amount of debt I have. My FA is charging 500month, is that a good price or is that highway robbery? Any and all advice is welcome! Thanks!  <response>: I dont think your FA is giving impractical advice...the issue is you should be looking right now for a 100K job with the degree you hold, and not going back for a second bachelors. This problem has been building for 12 years, under zero circumstance would I be back in school in your shoes.edit. Wait, what??? You are paying someone 6,000 a year to advise you to not pay your bills? This is absurd. You should be writing me a check for 500 based on my advice above... 