Student Loan Consolidation - Strategies for Coping with High Levels of Student Loan Debt

Avoid Bankruptcy and Free Your Debt . Get Refinance Loans , Secured Debt Consolidation or Debt Settlement Advices.

Student Loan Consolidation - Strategies for Coping with High Levels of Student Loan Debt

Cancellation
Student loans may be cancelled in part or in full for any of the following:

Total and permanent disability. Loans may be discharged if a doctor certifies that you are totally and permanently disabled and unable to work or earn money

School closure. IF you received a student loan at a school that closed before you completed your studies, you may be eligible for discharge of your loan.

Ability to benefit. Your loan can be discharged if the school admitted you based on your ability to benefit from the training but you weren’t properly tested to measure that ability or you failed the test.

Child and family services cancellation. You may be eligible to cancel your student loan if you are solely “providing or supervising the provision of services to high risk children who are from low income communities and the families of those children”

Teacher cancellation discharge. You may be eligible to cancel your student loan if you are teaching full time at a low income school, as determined by your state’s education agency; are a special education teacher, including teacher of infants, toddlers, children, or youths with disabilities, or teach in the fields of mathematics, science, foreign languages, or bilingual education, or in any other field of expertise determined by a state education agency to have a shortage of qualified teachers in that state.

Forged signature. If someone forged your signature on the loan application, promissory note, or authorization for electronic funds transfer, you may qualify for a loan discharge.

School owes you a refund. You may also qualify for partial discharge of and FFEL or Direct Loan if your school failed to pay a tuition refund required under federal law.

Death. If you die with an outstanding student loan, your federal student loan, your federal student loan debt will be discharged. Your estate will not owe any money on your loan.

Source: The ABC’s of getting out of debt - Sutton, Garrett

Student Loan Consolidation - Strategies for Coping with High Levels of Student Loan Debt

Avoid Bankruptcy and Free Your Debt . Get Refinance Loans , Secured Debt Consolidation or Debt Settlement Advices.