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bachelors prior to 1998, recent masters

Started by jodirudolph, August 26, 2019, 01:11:38 pm

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jodirudolph

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? 

TheCollegeInvestor

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.