Do you qualify for student loan forgiveness?

Did you know if you work in the public sector, your loans can be forgiven after 120 qualifying monthly payments?

If you work for a city, state, federal organization or a non-profit you may qualify for the Public Service Loan Forgiveness program. The position at your place of employment is not considered for PSLF, but you must be consolidated and in a income driven repayment plan. The balance on your federal student loans after 120 qualifying payments is forgiven.

Did you know if you are Permanently Disabled, you may qualify for Total & Permanent Disability Discharge on your Federal Student Loans?

If you have been permanently disabled, or your disability can be expected to last at least 60 months or in death, you may qualify for permanent disability discharge. Seeking Permanent Disability Discharge on your federal loans will require a visit to your doctor and make you subject to a three year post discharge monitoring period.

In 2018, it’s the fastest, easiest, and best way to get rid of your outstanding student loan debt, because it allows you to challenge the legal validity of your loans.

The closed school discharge is available if you attended a school that closed while you were enrolled or if you withdrew 120 days before the school’s closure.  (Note that the period changed from 90 days to 120 days as of July 1, 2014).