Ask The Money Coach

The government doesn’t automatically pay off student loans. However, there is a Federal Student Loan Repayment Program, administered via the Office of Personnel Management (http://www.OPM.gov) that can pay off up to $60,000 worth of federal student loans for people who work for various federal agencies. To learn more about this program, read these two posts:

http://askthemoneycoach.com/2009/04/tip-3-seven-smart-ways-to-pay-off-student-loans-fast-%E2%80%94-get-uncle-sam-to-pay-it/

http://askthemoneycoach.com/2010/02/where-do-i-find-the-government-agencies-that-pay-your-student-loans-i-read-your-article-about-this-but-do-i-have-to-literally-job-hunt-and-ask-if-a-government-agency-participates-in-this-program/

You may also qualify for loan forgiveness, or loan cancellation, based on working in a service industry, teaching or performing community service. See all the qualifying reasons you can get a student loan cancellation, and the reasons you can’t, by reading this post: http://askthemoneycoach.com/2009/09/school-loan-cancellation/

Related Questions:

• looking for government loan opm
• how does the government pay off student loans
• can the government payoff student loans
• opm pays student loans
• opm loan payoff
• opm credit check debt
• negotiate payback student loan opm
• loan places advertised by russ parr show
• how to get the federal government to pay off up to $60 000
• how to ask your government to pay off loans?
• does the government pay off student loans
• did the govt pay off student loans