Yes. The government will cancel any remaining balance if you make payments through an income driven repayment plan. Depending on the plan, the time period is either 20 or 25 years. At this point, unless the law changes, the canceled amount will likely be considered t
Yes, if you are eligible for the public service loan forgiveness program. The Department of Education administers this program. You must have a Direct Loan to be eligible. Borrowers with other federal government loans can consolidate with Direct Loans in order to obtain this bene
If you have federal government loans, yes. This means that your estate will not have to pay back those student loans. Survivors can apply for a death discharge to cancel a borrower’s federal student loans. Parent PLUS loans may be discharged if the student for whom the parent re
For V.A., yes, if you have been determined to be unemployable due to a service-connected condition. For Social Security, in some cases yes as of July 1, 2013. Borrowers receiving Social Security disability benefits in the “medical improvement not expected” cate
Yes. In most cases, loan holders are required to stop collecting once they receive a completed discharge application. You can also request forbearance so that collection stops while you are gathering information for your application. However, the government says that it has the
Please understand that we do not provide legal advice about individual cases. This web site includes links to other resources for those who seek individualized legal advice or other help not offered here. This site is for people who already have student loans and want to know more about their options and rights.