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  • March 25, 2017, 06:25:30 AM

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Author Topic: Student Loan forgiveness BEFORE 1998  (Read 152 times)

msteacher06

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Student Loan forgiveness BEFORE 1998
« on: March 13, 2017, 04:53:57 PM »
I have just a few thousand dollars of student loans left; including both undergrad and Master's work.  Part of my loans came before 1998 so I am not qualifying for ANY loan forgiveness. I have been a teacher for 20 years, 16 in a Title 1 School and 19 as a special education teacher.  I cannot believe how many new teachers are getting their loans forgiven, but after my years of service I cannot get a few thousand forgiven? 

Is there something out there I'm missing?  Something that will help me?

TheCollegeInvestor

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Re: Student Loan forgiveness BEFORE 1998
« Reply #1 on: March 13, 2017, 10:12:11 PM »
At this point, likely no.

You could potentially re-consolidate into a new student loan, and that loan could be eligible for Public Service Loan Forgiveness. But that would require 120 payments from today, moving forward - so 10 more years. You'll likely have paid off your loan balance by then.