4 ms·
There's the loan forgiveness program if you work at a non-profit or in education for 10 years. That seems like one pathway out at least for the Federal loans.
by sjg007 8y ago
There's the loan forgiveness program if you work at a non-profit or in education for 10 years. That seems like one pathway out at least for the Federal loans.
There are some people who don't pay the loans at all and take the credit hit and find their tax refunds taken. The interesting thing is that the refund directly reduces the principal and is not applied to the interest. For some people that seems to be a reasonable mitigation. I could be misremembering the details here though.
The other thing is that people need to vote. Vote for politicians who will reform student loans.