Home > Tag Archives: Public Service Loan Forgiveness

Tag Archives: Public Service Loan Forgiveness

Can I Consolidate My Sons Student Loans With My Federal Student Loans?

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Question: Dear Steve, I am a single parent and accumulated some debt (credit cards, student loans) when I was unemployed. I have since paid down most of my credit card debt and remain with $4000 after owing $25k. I have been consistently employed at a non-profit for the last 11 years. My son (age 25) is now looking to transfer ... Read More »

    I Didn’t Graduate From Medical School But Have All the Debt

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    Question: Dear Steve, I am 800k in debt for medical education but I failed the final national board exam and was dismissed from school with no degree. I have an Assoc degree that I can use to make 70k/yr but definitely won’t be enough to make my loan payments. 240k private 620k fed and maybe forgivable after 10yrs of 10% ... Read More »

      I’d Like to Know if My Student Loans are Now Eligible for Forgiveness

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      Question: Dear Steve, I am contemplating my options for some of the new govt student loan forgiveness programs (working a govt job or time based), and I trying to track down how much “official credit” I have accumulated towards student loan payments since loans were taken out in 1994. I have been paying on the loans off and on since ... Read More »

        Can I Get My Sallie Mae Student Loans Forgiven From My Public Service?

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        Question: Dear Steve, I had Sallie Mae student loan…it was sold to Navient which turned it into a private loan or so they tell me. We have tried the loan forgiveness or reduction twice with no results because it’s a private loan. The lender as so stated on his account site says “Navient Federal Loan Trust” How can this be ... Read More »

          I’m a Teacher and Afraid to Settle My Navient Private Student Loan

          single mom

          Question: Dear Steve, Public school teacher with public and private loans. My federal loans are now on the 10 year loan forgiveness plan after I consolidated all of my federal loans with the government and away from Sallie Mae. Unfortunately, none of the Sallie Mae payments counted toward the 120 consecutive payments, but I’m also on the income contingent plan. ... Read More »

            I’ve Been a Lifelong Educator and Want My Loans Forgiven

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            “Dear Steve, I have many student loans from being a foster child and providing for my own education. As a teacher and principal, then special education autism specialist, you are always having to get more credentials, thus I ended up going back to school and getting several masters and almost my PhD. I tried to have them forgiven as I ... Read More »

              Can My Student Loans Be Forgiven After Ten Years?

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              “Dear Steve, I have student loans that are more than 5-10 years old from undergrad and graduate school of $84,000 or more. I have made payments over the years but not consistently. recently my wages were garnished and created a financial hardship for me. After a least ten years or more could my loans be forgiven? I just read your ... Read More »

                Student Loan Forgiveness Scams

                Signs, Road Stencils

                For those looking for legitimate student loan forgiveness help it seems there are bad actors and scammers just waiting to take advantage. Some of the most ridiculous scams I’ve seen seem to circle around misinformation and bad advice for ridiculously high fees. Don’t get me wrong, it is entirely possible for have federal student loans forgiven. I personally think the ... Read More »

                  CFPB Recognizes Dangers of Student Loan Debt. Works to Forgive More Loans.

                  cfpb

                  After an announcement today there can be no confusion that the Consumer Financial Protection Bureau takes the dangers of looming consumer debt seriously. I am encouraged by the focused effort by the CFPB to help more students to have their student loans forgiven after ten years. Director Rich Cordray gave a presentation in which he said, “Student loan debt is ... Read More »

                    Will Only Full Payments Count Towards Public Service Loan Forgiveness?

                    teacher

                    “Dear Steve, I’ve been carrying a student debt since 1986, and it’s a heavy burden. I borrowed for my BA from 1986-1992 and then consolidated in 2000. I borrowed again for graduate school 2003-2005, have always been in good standing (by paying on the graduated repayment plan, being in deferment, or being in forbearance), but still carry a balance of ... Read More »

                      Sallie Mae Won’t Forgive My Teacher Loan. – Mona

                      teacher

                      “Dear Steve, I have been paying on my student loans with Sallie Mae for almost 15 years. I have a perfect payment history, no defaults, no late payments, PERFECT! I took the bare minimum of a loan which is down to $26,000. Before going to graduate school, Sallie Mae told me that I would get a loan forgiveness of $17,500 ... Read More »

                        I’m a Kindergarten Teacher With $100K in Student Loans

                        College Tuition Expenses

                        “Dear Steve, I went to a private, out if state, christian college and I am not a kindergarten teacher. I currently have over $100,000 in both federal and private loans all from Salliemae. I’ve been looking for the past 3 years (since I started paying my loans off) for a way to fix this problem. I’m paying over a $1,000 ... Read More »

                          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) is eligible for loan forgiveness. ... Read More »

                            Public service loan forgiveness as a school principal. – Jim

                            Ready to Collapse

                            I have about $190,000 student loans-government backed- I capped the $148,500 and then got PLUS loans for graduate school. I am looking at the “public sevice loan forgiveness” option as I am a principal at a public school. What I do not understand is if you have to make 120 payments based on a ten year repayment schedule to qualify ... Read More »

                              What Can You Tell Me About Forgiving My Student Loans? I’m a Social Worker. – Patricia

                              Ready to Collapse

                              “Dear Steve, I read one of your blogs in January concerning Obama’s social work loan forgiveness plan. I am curious to know if any movement has been made on this. I am a social work working in a public servcie-non profit agency and wonder if I qualify? Many thanks, Patricia” Dear Patricia, I have not heard anything more about forgiving ... Read More »

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