School Debt Forgiveness
How to pay off college loans/debt?
What are my options? I know there is something about loan consolidations. I know if you join the armed forces they usually pay off your debt. I know there are loan forgiveness programs for teachers, whereas they can teach at low income school districts and have their loans paid off. I am a sociology major who wants to work with children in the future.
If you took out loans while in collge, how did you pay off your debt?
When you find the answer let me know. The first thing you want to do is find a company and consolidate the loan. I don’t know what the interest rate is now. I locked in a few years ago when it was good, but you want to do that after graduating. Secondly, the only other options that I know of are what you have already mentioned. Then you have to think, is it worth it? Are you going to be happy working in the armed forces or peace corps just to get a little shaved off? Just make your monthly payment when they come if they haven’t already and you will be fine. The up side to this is that a college loan is a good debt to have. There are good debts and bad debts and if you pay like you should on time, your credit score will be great.
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