How to (legally) avoid paying your student loans

Posted on February 2nd, 2015

Not paying your student loans can have some serious consequences, including a lowered credit score and having your wages garnished.

But what if there was a way to avoid paying your student loans with no repercussions?

Actually, there is–if you quality for a student loan forgiveness program.

How to qualify for student loan forgiveness

The video below from Fusion explains the various ways of getting your loans forgiven.

Their tactics include joining the military or serving in a public service position, such as serving in Americorps or Peace Corps, teaching, or becoming a firefighter.

You can also move to a designated area, such as Niagara Falls, NY or certain cities in Kansas, and live there for a period of time to get a portion of your loans forgiven.

Additionally, certain states and employers offer special incentives that can help you avoid paying your loans.

Reduce your student loan payments

While there are some great forgiveness programs available, never stop repaying your student loans before you know for sure that you’ve qualified and your lender is aware of the situation.

If you stop paying without getting on a special program, you may end up defaulting on your loans and suffering many of the consequences we’ve outlined.

If you’re struggling to repay your loans, we can help you get on the best repayment plan for your situation and find out which loan forgiveness programs you may qualify for. Call us at 1-888-234-3907 or contact us using this form.

Category: Student Loans & Repayment

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