Consolidating defaulted private student loan
Plus, College Investor readers get a 0 bonus when they refinance with Credible.
The great thing about student loan forgiveness, unlike other debt, is that the amount forgiven is NOT treated as taxable income. Finally, make sure you're not getting scammed with your student loans, and make sure you're not overpaying for help with your student loan debt either.
You can currently see the student loan benefits that military personnel are eligible for here.
Students who become full-time teachers in an elementary or secondary school that serves low-income families can have a portion of their Perkins Loan forgiven.
If you want help applying for student loan forgiveness programs, we recommend Ameritech Financial.
You can learn more here on their website or call them 24 hours a day: 1-866-863-3870.
This program forgives 15% of your loan in each of the first and second years, 20% in each of the third and fourth years, and the remaining 30% in the fifth year.
This program will be phased out in lieu of Public Service Loan Forgiveness.
They also offer money to be used towards your student loan debt, which is great!The #1 way to currently get student loan forgiveness is to work in public service for 10 years.President Obama announced the PSLF – Public Service Loan Forgiveness Program, which will grant student loan forgiveness on qualifying loans after 120 payments (10 years).Volunteers in Service to America (VISTA) – If you volunteer for 1,700 hours, you can receive ,725 towards your student loans.Military student loan forgiveness offered by each branch has been replaced by Public Service Loan Forgiveness.