Quick Answer: Student loan forgiveness eliminates qualifying debt through programs like Income-Based Repayment (IBR) and Public Service Loan Forgiveness for government workers. The IBR Info site at www.ibrinfo.org provides detailed information on eligibility requirements and application processes for these federal forgiveness programs.
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.
Know Your Rights: If a debt collector is contacting you, you have legal protections. See the complete list of FDCPA violations collectors commit most often. Use the free Debt Validation Letter Generator to demand proof of the debt, or check this collector’s complaint history with the Scam-O-Meter.
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I am 77 yrs. old and have been paying on my student loan thru the years when possible which was all but few years.I have worked in helping people all my careeer in poor areas /
I gave into a salesman on the phone for a direct loan. The interest is so high that I still owe
more than the loan was originally The loan is 31 years old and i can no longer pay it.
Is there any way out. for me without ruining my credit. I have worked very hard at paying my bills off because of the high cost of living,it is no longer possible on my low income. I need frrgiveness for this one that I have actually paid the amt. of the loan.plus a lot of the interest but due to high interest the balance has not gone down much. what is my recourse?
My husband and I took out college loans for my daughter, since then our financial situation as changed dramatically. We are able to meet all our other bills but that one. We don’t know what to do.