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Archive for the ‘Student Loan Forgiveness’ Category

The most common request to my blog regards student loan forgiveness programs. Given this constant interest, I am updating and summarizing the various loan forbearance programs.
Federal loan forgiveness is available for teachers, volunteers, law enforcement officials, nonprofit employees, and the military.
Teacher’s Student Loan Forgiveness
The Teacher Student Loan Forgiveness Program rewards teachers with [...]

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A March 11, 2008 article in The Chronicle of Higher Education notes that the American Association of Medical Colleges and the American Medical Association have written a joint letter asking Congress to reverse the Department of Education’s decision to end a program that has allowed new physician graduates to lower student loans and defer interest [...]

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President Bush signed The College Cost Reduction and Access Act (H.R. 2669) into law on Sept. 27, 2007. The Act became effective on Oct. 1, 2007.
For us working for nonprofits and cause-relaed 501(c)(3) organizations, the impact of the Act is substantial, including forgiveness of all remaining federal student loans after 120, ontime payments (10 [...]

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I teach Leadership and Change to working adults pursing graduate degrees in public administration and nonprofit management at George Mason University. They are a great group and one of the students shared the following information regarding the federal student loan debt forgiveness program for those who worked for nonprofits for ten years. You [...]

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