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The Student Loan Forgiveness Act of 2012 applies to federal loans and requires that people pay 10 percent of their income for 20 years before the remaining balance is forgiven, according to U.S. News & World Report. It a... More »

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 »

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 »

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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 »

If a student's financial aid package, including grants and loans, amounts to more than his billable expenses, including tuition and fees, he receives a refund from the school to cover living expenses, according to U.S. N... More »

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 »

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 »