Seeking student loan forgiveness? A key deadline is coming up.
Certain federal loan holders must consolidate by April 30 to qualify through Income-Driven Repayment and Public Service Loan Forgiveness.
www.marketplace.org
From the piece:
"Borrowers with certain kinds of federal loans need to consolidate — effectively, refinance with the federal government — by Tuesday, April 30, to qualify for debt cancellation through two existing programs, Income-Driven Repayment and Public Service Loan Forgiveness."
Essentially, your student loans need to be re-financed and, if you make your payments for a certain amount of time--and if they are the right kind of loans, they can be forgiven after a period of completed payments.
Thanks Joe.