Student Loan Forgiveness
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Student
loan forgiveness is available for college graduates
who are having difficulty repaying student loans. Student
loan forgiveness programs will officially cancel all
or part of the loan amount. That amount will then not
have to be paid back.
However, getting student loan forgiveness may not be
easy. There are specific programs and rules that must
be followed before the graduate may qualify.
Student Loan Forgiveness for Teachers & Nurses
Teachers, nurses, doctors are particularly suited for
student loan forgiveness. There are a variety of programs
designed to help workers in these professions.
Student
Loan Forgiveness for Teachers
Student
Loan Forgiveness for Nurses
Student Loan Forgiveness for Volunteer Service
Graduates of other disciplines may consider
the Americorps and Peace Corps volunteers student loan
forgiveness programs.
Americorps is a national service agency that assigns
volunteers to help in many areas of community service
including education, public safety, health, and the
environment and more. Participants receive an Education
Award of $4,725 for a year of full-time service, and
is prorated for part-time. Americorps Education Awards
may be used to repay a student loan made by a state
agency, including state institutions of higher education.
Peace
Corps volunteers may defer repayment on student
loans while serving and are eligible for a 15 percent
cancellation of their outstanding balance for each year
of Peace Corps service. Additional educational and financial
benefits are available.
If you have large student loan balances, check into
the many options you have in employment and volunteer
opportunities that can help you eliminate or dramatically
reduce your debt.
Next
Student
- Student loan consolidation program has helped students
cut payments by up to 60%
ScholarPoint
- Consolidate student loans and cut monthly payments
by 52% 
EdFed - Graduates qualify for up to 100% Loan
Forgiveness with EdFed.
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