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portada Loan Forgiveness and Loan Repayment Programs
Type
Physical Book
Year
2019
Pages
180
Format
Paperback
Dimensions
26x18 cm
ISBN13
9781536151817

Loan Forgiveness and Loan Repayment Programs

Virgil Davidson (Author) · Nova Science Publishers · Paperback

Loan Forgiveness and Loan Repayment Programs - Virgil Davidson

New Book Imported to Taiwan
Delivery: 03 Nov - 11 Nov Shipping: 3 to 4 business days.
NT$ 2,984
NT$ 2,984

Synopsis "Loan Forgiveness and Loan Repayment Programs"

Student loan forgiveness and loan repayment programs provide borrowers a means of having all or part of their student loan debt forgiven or repaid in exchange for work or service in specific fields or professions or following a prolonged period during which their student loan debt burden is high relative to their income. In both loan forgiveness and loan repayment programs, borrowers typically qualify for benefits by working or serving in certain capacities for a specified period or by satisfying other program requirements over an extended term. Upon qualifying for benefits, some or all of a borrowers student loan debt is forgiven or paid on his or her behalf. Some of these programs are intended to support goals such as providing a financial incentive to encourage individuals to enter into and/or remain in a particular profession or public service. One such federal program that has received considerable attention in recent years is the Public Service Loan Forgiveness (PSLF) program. The PSLF program forgives borrowers federal student loans after they make at least 10 years of qualifying payments while working for certain public service employers.

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