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Planning Ahead Matters

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1. Public Service Loan Forgiveness (PSLF)

  • What It Is: A federal program designed for qualifying borrowers working in public service.
  • Benefits: May provide a path toward forgiveness after meeting program requirements.
  • Ideal For: Borrowers employed full-time by qualifying government or nonprofit organizations.

2. Total and Permanent Disability (TPD) Discharge

  • What It Is: A discharge option for borrowers unable to work due to a qualifying permanent disability.
  • Benefits: Can eliminate qualifying loan debt when requirements are met.
  • Ideal For: Borrowers who can provide required disability documentation.

3. Teacher Loan Forgiveness

  • What It Is: A program that may offer forgiveness for qualifying teachers working in eligible schools.
  • Benefits: Can reduce loan balances for eligible education professionals.
  • Ideal For: Teachers who meet service and school eligibility requirements.

4. Borrower Defense to Repayment Discharge

  • What It Is: An option for borrowers whose schools misled them or violated specific laws.
  • Benefits: May provide relief for eligible claims after review.
  • Ideal For: Borrowers who believe their school made false promises or misrepresented its program.
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