How to Have Your Student Loans Forgiven

In a few instances, you're able to get rid of some or all your school loan debt through a loan forgiveness program. Depending on your degree with your current occupation, you could be able to get one of several programs. In case you are thinking whether it's possible to have your debt through your job, ask someone in your human resources department. The following are techniques for finding your student loans forgiven.


Some volunteer companies offer loan forgiveness in return for a specific amount of your energy and time. If you happen to volunteer for AmeriCorps, Peace Corps, or Volunteers in Service to America (VISTA) you can get nearly 70% of your loans forgiven. Visit their websites to learn more information regarding available programs.


Become a Full-Time Teacher

If you have a Perkins loan, you might have some of it forgiven by working full-time in an basic, middle, or junior high school that assists young people from low-income households. The more years you teach, the more you can have forgiven. A local school board should have additional information about which schools within your area offer loan forgiveness under the National Defense Education Act.

Other states have additional programs where you can apply for as well as additional scenarios. You could call your loan board of education for information about your situation

Join the Military

One of the benefits of joining the armed forces is loan repayment. At present, the Army, Army National Guard, Air Force, Air Force National Guard, and the Navy offer repayment programs up to $20,000 dependent upon the branch. Unfortunately, the Marine Corps, Coast Guard, and Air Force Reserves do not offer such opportunities.

Become a Doctor or Lawyer

Health and legal professionals can receive six-figure loan debt relief. Fortunately for these Ph.D holders, there are various loan forgiveness programs that can reduce their financial stress.

The National Institutes of Health forgives some financial debt for health care students who complete some types of medical research including clinical, medical disparities, and birth control research.

Certain physicians can get up to $50,000 of student loans forgiven through the National Health Service Corps Loan Repayment Program in return for two years of volunteer service at a clinic which has a lack of medical experts. You may be able to receive added forgiveness for additional service.

An extensive list of medical student loan forgiveness programs can be obtained at the Association of American Medical Colleges' website.

Law school graduates could have some of their loans forgiven by doing some non-profit work. Equal Justice Works has a list of law schools that have a loan repayment assistance program. If your school is listed, get hold of your financing department to find out how you can have your student loans forgiven.

In addition, you can find easy to use, helpful information about student loan forgiveness at Student Loan Forgiveness Headquarters. Student Loan Forgiveness Headquarters is a site dedicated to helping you to find the necessary options and information that could help you get rid of your student loan stress, today.