Tag Archives: student loan forgiveness
- 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’m a Nurse Practitioner in Ohio and Looking for Student Loan Forgiveness. – Miranda
“Dear Steve, Accumulated federal and private loans through nursing and graduate school. Haven’t entered repayment yet, didn’t know if there is a way to settle my debt for less or if there are repayment/loan forgiveness programs. I am currently a nurse practitioner in the state of Ohio. Through nursing school and graduate school loans, I [...]
- I Work in the Health Care Field. Can I Get My Student Loans Forgiven? – Anne
“Dear Steve, I finished grad school almost 2 years ago and have about 100,000 in loans (both subsidized, unsubsidized and gradPLUS). I am on an income contigent repayment plan. I am in a health profession and there appears to be a loan forgiveness program where they forgive all of your loans after working full time [...]
- Will My Granddaughter Be Eligible for Student Loan Forgiveness? – Anne Marie
When my grandaughter begins college in the fall it will become necessary for her to apply for a student loan to help with the tuition. When she graduates, will she be eligible for tuition forgiveness? She is going into a nursing program at Ramapo College in New Jersey. Thanks for any info that would help [...]
- 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 [...]
- I Co-Signed on a Loan for My Son to Attend Pilot School But It’s Closing. – Jake
“Dear Steve, I co-signed on a $50.000 loan for my son to attend pilot school. The loan was taken out with Salle Mae. After one year the school filed chapter 11 bankruptcy. And it is looking like it will now go to chapter 7. My son had only used up 12000 of the loan. The [...]
- Disabled Former Cop in Student Loan Story Gets Her Debt Forgiven
by Sasha Chavkin, ProPublica The Department of Education has finally forgiven the student debt of disabled former police officer Tina Brooks–who we featured in our Feb. 13 story [1] about the government’s broken program for forgiving the federal student loans of borrowers who become seriously disabled. Brooks, who fractured her spine when she fell 15 [...]
- I Need Student Loan Forgiveness. – Jim
I am a sixty one year old male, married and I have five children (three steps and 2 bilogical). Many years ago I took out student loans totally aproximately $12,000.00. My wife at that time and myself got into financial trouble and had to file bankruptcy. I was told by our attorney that my student [...]
- I’m a Teacher And Wonder if I Can Get My Student Loans Reduced for Teaching in a Title 1 School. – Victoria
“Dear Steve, I have been teaching at the same Title 1 school for more than 10 years. Both before and after October 30, 2004 (the date indicated in the forgiveness details), I have completed at least 5 years of teaching. About $70,000 of Stafford Loan debt has accrued because of enrollment in a Master’s and [...]
- 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, [...]
- Website Offers Helpful Advice for Those Looking for Student Loan Forgiveness
The IBR Info site at www.ibrinfo.org appears to be a good source of information on income based repayment options and student loan forgiveness programs. For those working in public service jobs, the site give you information that can help you to eliminate your student loan debts based on your job.