What are some other student loan forgiveness options I can explore?

What are some other student loan forgiveness options I can explore?

There are several options for student loan forgiveness, including Public Service Loan Forgiveness, Teacher Loan Forgiveness, and income-driven repayment plan forgiveness. Are you interested in any specific program?

I'm a teacher, so what do I need to know about Teacher Loan Forgiveness?

As a teacher, you may qualify for up to $17,500 in forgiveness if you teach in a low-income school for five consecutive years. You'll need to have Direct Loans or Stafford Loans and meet other eligibility criteria.

What if I work in a non-profit organization?

If you work for a non-profit, you might be eligible for Public Service Loan Forgiveness. After making 120 qualifying payments while working full-time for a qualifying employer, you could have your remaining loan balance forgiven.

Are there any other options for forgiveness?

Yes, there are also options like the Income-Driven Repayment Plan forgiveness, where your loans can be forgiven after 20 or 25 years of qualifying payments based on your income.