The Student Loan Debt Forum | The College Investor

Student Loans => Ask a Question => Topic started by: jodirudolph on August 26, 2019, 01:11:38 pm

Title: bachelors prior to 1998, recent masters
Post by: jodirudolph on August 26, 2019, 01:11:38 pm
Is anyone able to explain the reason for loans prior to 1998 as a dis-qualifier for Teacher Loan forgiveness? I have been faithfully paying on loans for my bachelor's degree, and recently completed a master's degree with qualifying employment. I was encouraged to apply for teacher loan forgiveness by 3 reps from Greatlakes, only to be denied. Initially, the reps told me that my master's would qualify. Of course, application was denied. Any options out there available to me? 
Title: Re: bachelors prior to 1998, recent masters
Post by: TheCollegeInvestor on August 27, 2019, 08:29:42 am
Every law/change that happens with student loans has a start date. Teacher Loan Forgiveness is 1998.

Public Service Loan Forgiveness is a viable option - even though it takes longer, it's total forgiveness that's tax free!

You may need to consolidate those old loans to qualify, but it's a solid plan. Check out the full guide here: Public Service Loan Forgiveness (https://thecollegeinvestor.com/22857/public-service-loan-forgiveness/).