If you’re planning on student loan forgiveness, it’s not as simple as you may think.
There are complex requirements, rules and forms.
Here are the three things that will kill your chances for student loan forgiveness – and what to do about them so you come out on top.
Student Loan Forgiveness
Student loan forgiveness, most notably Public Service Loan Forgiveness, is not as simple as saying: “I work in public service. Now forgive my loans.”
If only it were that easy.
The Public Service Loan Forgiveness Program is a federal program that forgives federal student loans for borrowers who are employed full-time (more than 30 hours per week) in an eligible federal, state or local public service job or 501(c)(3) non-profit job who make 120 eligible on-time payments.
However, these are not the only requirements. There are other important rules that you must follow if you plan to receive…
For the rest of the article, please visit https://www.forbes.com/sites/zackfriedman/2019/03/07/these-3-things-will-kill-your-chances-for-student-loan-forgiveness/#55fc030c72ad.
Last modified: March 8, 2019