If you have Federal Student Loans you may qualify for any of the student loan forgiveness programs that are available to borrowers. Start today and enter into a loan forgiveness program and look forward to your financial freedom.
If you are suffering from a financial hardship, you may qualify for an Income Based Repayment. Income Based Repayments often result in a ZERO payment, and unlike a deferment the term on your loan is being diminished while in the zero payment.
Consolidating your federal student loans will give you one new loan with one payment, and into a repayment plan you can afford. Consolidating also puts you into the forgiveness programs and makes you eligible for Public Service Loan Forgiveness.
Teacher Loan Forgiveness
Public Sector Loan Forgiveness
Permanent Disability Discharge
The Teacher Loan Forgiveness program is probably the most beneficial of all the loan forgiveness plans available as teachers not only qualify for early forgiveness, but principal reduction as well. Teachers can be eligible for $5,000 to $17,500 in principal reduction on their loans under certain circumstances in the Teacher Loan Forgiveness program. The idea behind this principal reduction was to encourage young graduates to enter into a career of teaching, and also to continue that career. Teachers also qualify for complete loan forgiveness after 10 years of repaying their loans.
Learn moreYou may qualify for public service loan forgiveness if you work full-time in a public service job. After making 120 payments under certain repayment plans while working full time in a public service position, the balance of your Federal Student Loan would be completely forgiven.
Learn moreA borrower may qualify for Total and Permanent Disability Discharge on their Federal Student Loans if they are unable to engage in any substantial gainful activity because of a physical or mental impairment.
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August 23, 2014
University education is very costly and every year, that cost is increasing even more rapidly than inflation. In school year 2013-2014, the College Board posted that the cost of undergraduate tuition and fees at private institutions was pegged at $30,094. Public colleges and universities charged state residents roughly $8,893 while out-of-state students had to pay an average of $22,203.
August 23, 2014
Due to the cost of higher education in the US it’s no wonder why a lot of people turn to student loans for help. While this debt may be helpful for them to finish college, sometimes it is the same burden that leads the students drop out.Josh Brooks, for instance, was a student studying at Valencia College in Orlando, Florida in 2006.
August 23, 2014
Loan consolidation is rapidly becoming a top choice for university graduates who are looking for more affordable ways to repay their student loan. With overwhelming amount of student loan, students and graduates are scouring for much needed help. Student loan relief companies, such as Debt.org, offer these debtors some help.
August 23, 2014
When you think about it, you get to enjoy more of your hard earned cash if you choose to settle your student loan debt through refinancing. It is a sure fire way to lessen your monthly debts, but only a handful of financial institutions offer this kind of service.