Federal Student Loan Help

Firefighters, police, and city workers are just a few government employees that can significantly reduce debt with various programs.

Recently, new federal programs have been implemented to make student loan repayment more affordable for borrowers, even those who are in default. In many cases, borrowers my not be aware of their eligibility for a $0 payment. That’s right, $0. Additionally, the most beneficial of these programs also carry a loan forgiveness provision, causing the loan to be completely forgiven after a certain number of years, principal and interest.

Effective June 9th, 2014 the Obama Administrations Presidential Memorandum 79 FR 33843 directing the Secretary of Education to propose regulations making extended repayment options available to borrowers by December 31, 2015 has been implemented.