<prompt> Human: I have about 38K in federal student loans that are in default. Currently, a relative of mine is offering to pay off these loans in one lump sum I will be paying her back eventually. Is it possible to negotiate since Im in default and that I can repay the loans in one lump sum? Such as, waiving the outstanding interest. If not, what is my best course of action to leverage my situation?  <response>: You can try, just dont expect anything. You will owe the principle for sure, but you can maybe get some feesinterest knocked off if you try. Youre not in a seat of power here, so the lending company can do whatever they want, especially since the default is your own fault, not theirs. Theyll likely say no at first, just push some and see if they budge. If not, youre on the hook for the rest.What you need to make extra sure to do is 2 things. 1 Have your relative pay it outright so they dont have to worry about it hitting their total estate allowance come gift tax allocation time. 2 Thank your relative because theyre doing you a huge fucking favor. 