Is there a quick way to eliminate student loan debts?
Any grants or alternative opportunities if we work in sure fields? Please advise.
There are 6 suggestions to question “Is there a quick way to eliminate student loan debts?”
AND THE WINNING NEW YORK STATE LOTTERY NUMBERS ARE…
Yes, pay them.
Other than that, if you work as a teacher in a seriously depressed urban area, your loan might be forgiven, but you have to work there several years. Read the loan papers, and you may find reference to this.
Unfortunately, there are no quick methods to eliminating student loan debts. The choices for those who are not trained for a specific field are school teacher in a depressed area, volunteering a huge amount of time per year, or become a civil servant (working for the state or federal government). All except for teaching will not eliminate the debt fully. For example, the Peace Corps will eliminate a maximum of 70% of the student loan debt. One warning is that the amount forgiven will represent income and not be an income tax write off like it is for paying the student loan. I will include some information below on it.
There may be a grant or something that can help pay off student loans, but the only quick way I know of for sure is to get a personal loan at your bank. It would be a good idea to survey the grant possibility as well.
try the following
Budget ur money
Work 2 more jobs pt/tm
don’t buy new cars
visit daveramsey.com to learn ur hard lessons from others mistakes. it is cheaper and faster.
http://www.studentloanassistance.net
has a large amount of free information that could help answer. There is also a free book you can download for free about student loan debit.
AND THE WINNING NEW YORK STATE LOTTERY NUMBERS ARE…
Yes, pay them.
Other than that, if you work as a teacher in a seriously depressed urban area, your loan might be forgiven, but you have to work there several years. Read the loan papers, and you may find reference to this.
Unfortunately, there are no quick methods to eliminating student loan debts. The choices for those who are not trained for a specific field are school teacher in a depressed area, volunteering a huge amount of time per year, or become a civil servant (working for the state or federal government). All except for teaching will not eliminate the debt fully. For example, the Peace Corps will eliminate a maximum of 70% of the student loan debt. One warning is that the amount forgiven will represent income and not be an income tax write off like it is for paying the student loan. I will include some information below on it.
There may be a grant or something that can help pay off student loans, but the only quick way I know of for sure is to get a personal loan at your bank. It would be a good idea to survey the grant possibility as well.
try the following
Budget ur money
Work 2 more jobs pt/tm
don’t buy new cars
visit daveramsey.com to learn ur hard lessons from others mistakes. it is cheaper and faster.
http://www.studentloanassistance.net
has a large amount of free information that could help answer. There is also a free book you can download for free about student loan debit.