Tag Archives: forgive student loans

Student Loan Public Service Loan Forgiveness – New Forms and Documentation Released

The Department of Education has released new forms and documentation to assist government backed student loan holders with getting their loans discharged through the Public Service Loan Forgiveness (PSLF) program. The new documents include updated information on eligible loans: Any non-defaulted loan made under the William D. Ford Federal Direct Loan Program (Direct Loan Program) [...]

Student Loan Forgiveness or Discharge Can Create a Huge Tax Bill. Watch Out!

If you are one of the lucky few who have qualified for a discharge or cancellation of your student loan debt, you may be shocked to learn the debt may not be over with just yet. A reader brought to my attention that the forgiveness of student loan debt, even under a disability discharge, can [...]

I Was Told My Student Loans Would be Forgiven. Now I’m Hearing a Different Story. – Julie

“Dear Steve, I went through a divorce about 9 years ago and really got taken in the mediation process, my ex is controlling and manipulative and it’s been easier to let him out of his financial commitments than to fight about it. Since becoming a single mom that has necessitated career changes which in turn [...]

Disabled and Hoping the Department of Education Will Help With Your Student Loan. Read This.

By Sasha Chavkin, Cezary Podkul, Jeannette Neumann, and Ben Protess This article is a collaboration among ProPublica and the Center for Public Integrity, which are independent nonprofit investigative newsrooms; and the Stabile Center for Investigative Journalism, at Columbia University. It was co-published with the Chronicle of Higher Education. Tina Brooks can’t sit or stand for [...]

Will the Obama Program Forgive My 30 Year Old Student Loan? – Johnny

vetern wiyh disability pension as only means of providing for family of 4 including wife as my care and attendant,i am a parapalegic hopefully service connected,in the va appeals court now.i have a 15yr girl and 16yr boy.i am a air force vietnam vet,serve 72 to 76. when i got out of the service i [...]

I Enrolled Into Westwood College Online for a Career in Criminal Justice. – Matthew

“Dear Steve, In 2007 I enrolled into Westwood College Online for a career in Criminal Justice. I got approved for like $6000 through the school $150/ month while attending the school, plus a Sallie Mae loan for like $7000 which I believe its a loan I must pay back after I graduate. Due to the [...]

Obama Student Loan Forgiveness Program

“Dear Steve, I have a high student loan debt at 8%. Part of it is unsubsidized. I have heard talk of a new plan by the Obama administration to forgive student loan debt. How will this new plan be implemented? Who will be able to take advantage of it? Alex” The Answer:   Dear Alex, [...]