Reader Questions

Obama forgiveness program for student loans

Written by Consumer

Tons of student loan debt. I have over 100,000 worth if loans. Direct loan and sallie Mae. I’m paying sallie Mae. But was able to defer the direct loan portion because I’m unemployed.

1. How do I apply to the Obama forgiveness program?
2. Am I eligible even if it’s being deferred?
3. Why does my loan balance screw up my credit so bad?

READ  How to Really Discharge Your Student Loans in Bankruptcy. Many Can. But Never Try.



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Consumer

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