Debt Forgiveness doesn’t always happen immediately. However, more graduates than ever are qualifying for the new federal student loan forgiveness programs. Depending on your specific situation, you may have a small portion, if not all, of your federal loans eliminated. The forgiveness, offered to every federal loan borrower, is simple; you pay what you can afford to pay. After a certain amount of qualifying income-based payments, the remaining balance may be forgiven. Loan forgiveness is more widely available for teachers and public service workers, but borrowers with a low income and/or a high family size may qualify for loan forgiveness and debt cancellation as well.
Student Loan Forgiveness
Find out about the options available to have your student debt forgiven.