Student loan forgiveness relieves you of the duty to repay a portion or the entirety of your federal loan debt. The hope of seeing the debt vanish could seem to be a pipe dream come true. In fact, however, only a small number of people are qualified.
The Public Service Loan Forgiveness Scheme (often referred to as PSLF) is a program placed in motion by the government to provide people with relief from their student loan debt if they work with a non-profit or government agency.
Public Service Loan Forgiveness in the definition seems like a dream come true. Your student loan debt is swept clean in return for operating within the public sector for a specified period of time. It’s hard to imagine a better redemption opportunity than that if you work in a qualifying field.
