An individual may qualify for student loan forgiveness of federal loans – not private ones – for public service and teaching. The Public Service Loan Forgiveness Program is for people who work for 10 years or more in the... More » Business & Finance Credit & Lending

A borrower is qualified for student loan forgiveness in the event of attending school closure, total and permanent disability, death, and in rare cases, bankruptcy, according to the U.S. Department of Education. Teacher ... More » Business & Finance Credit & Lending

Teachers can complete the Teacher Loan Forgiveness application. For those people working in public service jobs, applying for loan forgiveness involves completing a Public Service Loan Forgiveness application. More » Business & Finance Credit & Lending
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In order to get rid of student loans without paying them in full, an individual can apply to a loan forgiveness or discharge program created by the federal government. If the student qualifies, all or a portion of the st... More » Business & Finance Credit & Lending

The Obama loan forgiveness program exists to reduce the financial burden for students repaying their student loans: it reduces loan payment to 10 percent of qualifying incomes for a maximum period of 20 years. When evalu... More » Business & Finance Credit & Lending

Federal debt can be forgiven in certain circumstances under different categories of forgiveness, discharge and cancellation that include permanent disability (TPD) discharge, death discharge, discharge in bankruptcy, fal... More » Government & Politics Law Debt Law

Student loan borrowers who are eligible for discharge, forgiveness or cancellation of their loans must submit documentation of their qualifying statuses to their loan servicers or the U.S. Department of Education, accord... More » Business & Finance Credit & Lending