Consolidating default student loans
If you’ve got a federal student loan, here are the forgiveness programs that you should look into using: Peace Corps, Ameri Corps or Vista, providing a great debt relief option for those interested in serving the community.But those aren’t the only people eligible to enroll in the PSLF program, because it’s also accessible available to Government Employees, Military Personnel, and people working in a variety of other “Public Service” positions.However, the available debt relief is extremely valuable, with qualifying participants able to receive up to ,000 in student loan debt forgiveness.Military College Loan Repayment Program is available to pretty much everyone joining one of the major service branches (yes, even Coast Guard enlistees have access to these benefits!Because the student loan debt crisis has escalated so quickly, and because virtually everyone agrees that it poses a serious threat to our economy and national security, you won’t have to search far and wide to find some financial assistance. Here’s a list of the available Federal Student Loan Forgiveness Programs listed above, though becoming eligible for some of them does require making significant sacrifices.These forgiveness programs are your absolute best bets at getting effective student loan debt relief, since loan forgiveness literally wipes out your debt, rather than just reducing it or extending the time you have to pay it back.
Some of the most important federally-funded student loan forgiveness programs available are those offered to members of the United States Armed Forces.To get help paying off your student loans, first you’ll need to determine whether your loan is Federal or Private, then you should scroll to the appropriate section of the page below and review your options.For questions, please feel free to ask away in the comments section at the bottom of this page.I’ll do my best to respond to all comments within 24 hours. You are one of the lucky ones, the people who borrowed their college money from the Federal Government, and you have access to the greatest, most helpful debt relief programs ever offered.The Federal Government is taking the student loan debt epidemic seriously, and currently offers a wide variety of effective financial assistance programs, including Federal Student Loan Forgiveness Programs, Consolidation Programs, Deferment Programs, Forbearance Programs, and a variety of Repayment Plans.