Borrowers are always trying to find out how to get student loans forgiven.
Of course, upon graduation, every borrower’s student loan plan is to look for student loan help and speed up the process of repayment.
To this end, there are many options on how to get your student loans forgiven.
By laying out all the options, this article will help find the right one for you!
How to Get Student Loans Forgiven: Your Options
1. Become a Public Worker
The Public Service Loan Forgiveness program is popular among many borrowers.
You will be happy to know that many kinds of jobs qualify for this program.
Usually, jobs in the government or a 501(c)3 non-profit organization qualify.
Plus, social workers can also enjoy this loan forgiveness program
. After paying your loans for ten years under a repayment program, you get your loans forgiven.
2. Join the Military
If you want to serve the country on a bigger scale, then joining the military might be for you.
For this program, you can choose to join any branch of the military (Army, Navy, Air Force, Coast Guard, National Guard, or Reserves), as all of them have programs that will walk you through how to get student loans forgiven.
However, the specifics are quite stringent, so you have to be serious and prepared.
On the other hand, if you find joining the military too extreme, you may opt to teach.
While less dangerous, this profession is no less noble.
A teacher can enjoy forgiveness if they teach in a qualifying school and fulfill the employment requirements.
Qualifying schools are usually those that predominantly serve low-income families.
4. Become a Federal Employee
If you want to be more directly involved in the government, then consider becoming a civil servant.
Through this option, you qualify forgiveness and also get to involve yourself on a federal level.
Civil service jobs fall under public service and, therefore, have the same benefits and requirements.
While careers that lead to civil service are not the most popular choices among students, loan forgiveness options might change this.
5. Become a Nurse or Doctor
Joining the medical profession requires a lot of time and patience, but it’s worth it.
Saving lives is no trivial matter.
Therefore, these professions deserve a significant form of student loan aid.
However, student loan forgiveness does not always apply to these professions, so be sure to do your research.
Nurses may enjoy the NURSE Corps Loan Repayment Program or the Federal Perkins Loan Cancellation and Discharge.
These relief programs almost equal loan forgiveness in the amount of loans they are able to eliminate.
Moreover, nurses may qualify as public workers in some cases.
Doctors, on the other hand, need a different form of assistance.
Because of the larger student loan debt acquired in medical school, loan forgiveness is slightly altered.
Doctors may choose from a wide range of aids and grants to eliminate their debts.
Watch this video from NPR for more information on student loan forgiveness:
You have many different options for student loan forgiveness — the only similarity they share is that they’re all exciting and fulfilling careers.
Through these jobs, in addition to being free of debt, you get to provide meaningful service every day.
If you’re still worrying about how to get student loans forgiven, it’s time to relax and choose what’s best for you.
What are your thoughts on the student loan forgiveness program? Let us know in the comments section below.
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