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	College Loan Get rid of student loans Start College: Ask your college first College Education Planing How to choose the right college   Student Loan Consolidation: Get rid of student loans Repayment Plans Student loan consolidation College tuition is going to cost you?   College Cost: Dealing with the cost of college as a family The College Student’s Guide To Saving Money College costs depend on where you go to school   College Financing: College financing Where to look for college funding A simple comparison of education plans Financial aid for college 529 savings plans Coverdell accounts Education bond programs and custodial accounts Get all of the federal loans and grants that you can Free Application for Federal Student Aid Getting state financial aid for college Paid tuition plans Private grant or a private scholarship Paying for college Higher Education Student Loans Federal Student Loans Parent Loans for Undergraduate Students Private student loans Can you imagine how wonderful it would be if your student loans could just be gone with the wave of a magic pen? It would be like nothing you have ever even thought possible right? Wrong, this can happen and it can happen to you. Many people are getting their college loans reduced and some even discharged all of the time. But how can you do this you ask? Well, first of all if you have just graduated you can get a job in public service jobs or even by volunteering at some organizations. There are so many people who are able to take advantage of these types of programs but so many have no idea. It is time that you learned just how to take advantage of them. There are loan forgiveness programs for nurses, teachers even lawyers and Peace Corps volunteers can get in on this action. If you work at a low income job in the public sector, like low income schooling then you can be hacking off up to $5000 of your Stafford loan. All you have to do is work at this low income school for about 5 years and you get some of your loan taken off. What a bonus! If you teach at a low income school and you want to know if your school job allows you to do this check it out at the U.S. Department of Educationsite right now. And if you have a Perkins loan then you need to look into these kinds of programs too because there are many that you can take advantage of. The following is a list of just a few of the ways in which you can completely cancel your Perkins loan. All you need to do is be a: Low income school teacher Teacher in shortage areas if you teach math, science, bilingual education, foreign languages Teacher of special education Medical technician Worker for non profit family agencies Law enforcement officer Corrections officer If you want to talk to someone about canceling your Perkins loan then you need to talk to the school that you got your loan from. Here is the breakdown of what most people are dealing with and how a loan forgiveness program can work for you. If you were a public interest lawyer you would be making somewhere in the vicinity of about $35,000 each year or $2,916 per moth. Now the average amount that is due on a student loan for a lawyer is about $84,000. That is a huge debt and even if you are taking 10 years to pay it all off you are looking at a monthly payment of about $703. That is a lot right? The good news is that if you are making just under $35,000 schools like the University of Virginia law school will allow you to completely get rid of your loan debt, as long as you stay in Virginia and open your office there. But even if you make more than that you will still be able to get at least some of the loan forgiven. And if you have worked in the Peace Corps then you can get rid of some of your Perkins loan as long as you were in the Peace Corps for 2 years. You could even be eligible to get your loan payments deferred while you are still in the Corps. Then there is Americorps and teach for America that will allow you to knock off $4725 each and every year that you are in their service. This money does not even have to go towards the loans you already have it can even be used to your future education, how great is that? If you think that there is the slightest chance you could get in on one of these programs you need to talk to your lender right away and get this taken care of. Some other instances where the loans could be discharged are as follows: You die You become totally disabled It was not really you who signed your promissory note If you have filed for bankruptcy there is a slight chance, but only a slight one