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Student Loan Consolidation
Like millions of people in their 20s, 30s, 40s and beyond, many take out student loans for a shot at a bet… More
Getting student loans discharged or forgiven is not common, but it is possible by majoring and working in … More
In order to repay federal student loans, it's important to find out who the lenders are and how to set up … More
Student loan forgiveness and the new income based repayment model for student loans were brought about to … More
For students with large amounts of college debt (at least $20k in loans), federal student loan consolidati… More
Consolidation of student loans is something that almost every student can do after they graduate. Find out… More
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Summary: Getting student loans discharged or forgiven is not common, but it is possible by majoring and working in a certain field, spending a certain amount of time in the military or having an undue hardship that forces bankruptcy. Discover the ways that student loans are forgiven with financial advice from a guidance counselor in this free video on student loans.
Cheri Ashwood has a bachelor's degree in psychology and education and has been a guidance counselor for more than eight years. She is currently working at Tyrone Middle School in...read more
"Hello. I'm Cheri Ashwood. I'm a guidance counselor, and today I'd like to talk to you about how to get your student loans discharged or forgiven. The repayment of student loans is about as unavoidable as death and taxes. But there are a couple of programs that will help you get them discharged or forgiven. In either case, you won't have to pay all, or a portion of the loans. Some of these programs may require you to major in a certain area, and work in a certain profession, a certain area of the country upon graduation. For example, a lot of education programs, there is a teacher shortage, there are a lot of programs that if you work in something like a low income school, or certain rural areas, that they will forgive all or a part of your student loan. I know that a certain extent of military time in the government will forgive or discharge a part of your loans, and then there's also, if you have an undue hardship, heaven forbid, you can file a Chapter Seven bankruptcy, and this may also discharge your student loans. I'm Cherie Ashwood. I'm a guidance counselor, and your future starts today."
eHow Article: How to Get My Student Loan Discharged or Forgiven
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