According to the Project on Student Loan Debt: Seven in 10 college graduates (71%) finish school with an average of $29,400 in student loan debt.
Effective Oct. 7, 1998, all borrowers of Perkins loans are entitled to have those loans discharged if they served in the U.S. armed forces. This
Two other categories that you might qualify for with regard to getting your student loans discharged or cancelled pertain to service-based work. You can get
If the school that you attended closed before you could earn your degree, or if you withdrew from the school or were on an approved
While many student loan cancellations can be difficult to obtain, some are not. Take the case of Jaclyn Ward, who went to Harvard and then
I can already guess what many of you are thinking about getting a student loan cancellation or discharge for reasons of death. You’re thinking, a)
For a college grad with big student loans, it’s probably the closest thing you can imagine to hitting the lottery: getting a discharge or cancellation
It takes the average college graduate 15 years to repay his or her student loans, according to the College Board. A lot can happen over
In this tough economy, an increasing number of college graduates (and college drop-outs) are falling behind on their student loans. According to the Department of
You can consolidate your student loans into one payment in an effort to reduce your monthly payments. Before you can consolidate, you have to bring
If you default on a federal student loan, the government has a right to garnish your wages in order to obtain payment. The good news
Anyone with student loans receives lots of offers in the mail from lenders seeking to consolidate your student loans. To learn more about this option,
By Lynnette Khalfani-Cox, The Money Coach Did you know that you could negotiate loan rates and terms on any new federal student loans? To learn
A host of working professionals and volunteers can have their loans forgiven or outright canceled. To learn more, read below for my Tip #5 in
Most people think only students who are enrolled in school can get deferments on their student loans. Nothing could be farther from the truth. There
Who better to forgive your student loan than the lender? Just as Mom and Dad sometimes forgive portions of a loan to you, the same
