/ Ask Terry Questions / Student Loans forgiveness program

Student Loans forgiveness program

By Terry Savage on July 24, 2020 | College Savings / Student Loans

My daughter as a federal loan. She is a nurse in a for-profit organization and is almost 10 years of paying her loan. Is she eligible for forgiveness?

Terry Says

This is very tricky. She had to have certified EVERY YEAR to get this loan forgiveness. That’s why the program has only forgiven a few hundred loans in its 13 year existence! No one publicized the rules when it started! Only specific types of repayment programs qualified. And it had to be a certain type of employer.
For details read this recent article about the problems with the program!

Recent College Savings / Student Loans Questions

money

ASK TERRY

a personal
finance question