Student Loan Forgiveness Programs: By States, Types, Eligibility and More

Student loan repayment might take years, if not decades. If a payment is late or not made at all, the loan may be declared overdue, and late fees will be added. Many graduates are forced to postpone major commitments and big expenditures, such as marriage or homeownership until their debt is paid off. Student loan forgiveness …

16 Things to Consider before Applying for Public Service Loan Forgiveness

Public Service Loan Forgiveness eliminates student loans once the borrowers make 120 qualifying payments. However, the program ended up being more complex than expected. Around 99% of applicants failed to get forgiveness when they finally applied after at least ten years of the repayment period. Common failure reasons include lack of qualifying payments, ineligible loans, …

ITT Student Loan Forgiveness: What You Need to Know

If you attended the now-defunct ITT Tech, you’d now get a total student loan forgiveness on your student debt. This cancellation occurred after the U.S. Department of Education approved 18,000 claims of borrower defense to repayment.  In 2016, the parent company to ITT Tech, ITT Educational Services, filed for bankruptcy after it received numerous lawsuits. Here’s what …

Biden Student Loan Forgiveness: What’s Happening Now

On April 28, President Joe Biden made his first address to Congress. In his speech, he revealed a proposal for additional federal spending of $1.8 trillion, including investment in education. But there was no Biden student loan forgiveness mentioned.  Student loan debt is a significant issue that has affected about 45 million U.S. citizens. And …

2020 Guide To Student Loan Forgiveness For Nurses

If you want to find a way to serve others while earning a good living, being a nurse is the best way to do so. However, you can incur massive student loan debt when you enrol in a nursing school. Since there’s a high demand for nurses, the federal government has developed numerous national and …

Teacher Loan Forgiveness: Key Aspects that You Should Consider

Teachers are not making that much money, and in fact, most of them are working on part-time jobs, completing freelance tasks to make ends meet. If you ask them about the priority of being a teacher, they would tell you that the love for teaching and children is the key, and money is not the …

Art Institute Loan Forgiveness: The Program to Eliminate Loan Debts

Student loans whether private or public helps students financially support themselves while they attend colleges. Not all of them became capable of paying back the loan debt for specific reasons. Some schools get closed, and students could not get a diploma and technically have a degree. Besides that, while universities are spreading falsified information about …