Comments on: Student Loan Forgiveness Guide http://www.moneyunder30.com/student-loan-forgiveness-guide Simple, Honest Financial Advice Thu, 09 Feb 2012 22:53:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: net http://www.moneyunder30.com/student-loan-forgiveness-guide/comment-page-1#comment-11671 net Wed, 10 Aug 2011 22:13:02 +0000 http://www.moneyunder30.com/student-loan-forgiveness-guide#comment-11671 As a website resource for companies and know-how enthusiasts to comply with the latest and greatest breakthroughs in Unified Communications, IP Telephony, Hosted Communications and VoIP. As a website resource for companies and know-how enthusiasts to comply with the latest and greatest breakthroughs in Unified Communications, IP Telephony, Hosted Communications and VoIP.

]]> By: Robert G http://www.moneyunder30.com/student-loan-forgiveness-guide/comment-page-1#comment-7654 Robert G Mon, 25 Oct 2010 01:57:46 +0000 http://www.moneyunder30.com/student-loan-forgiveness-guide#comment-7654 Ever since the gov't did a total imersion into the student loan process (besides backing the loan), I have been struggling to just manage my debt via consolidation with several institutions (Direct Loans, Nelnet, Great lakes, ACS). They all are quick to point me back to the other in order to defer and consolidate. Not to mention trying to reach someone to speak with, and when you do reach someone they are usually not forth coming with info and curt. They are also quick to get you off the phone. The first two years with Direct Loans were clear, then the Obama admin decided to "share the wealth". Nice idea, terrible execution. the folks at Dept Ed are ridiculous with their bureaucratic bloat. I wish our elected officials took the same effort they did for health care and applied it to education for all! Ever since the gov’t did a total imersion into the student loan process (besides backing the loan), I have been struggling to just manage my debt via consolidation with several institutions (Direct Loans, Nelnet, Great lakes, ACS). They all are quick to point me back to the other in order to defer and consolidate. Not to mention trying to reach someone to speak with, and when you do reach someone they are usually not forth coming with info and curt. They are also quick to get you off the phone. The first two years with Direct Loans were clear, then the Obama admin decided to “share the wealth”. Nice idea, terrible execution. the folks at Dept Ed are ridiculous with their bureaucratic bloat. I wish our elected officials took the same effort they did for health care and applied it to education for all!

]]> By: robyn http://www.moneyunder30.com/student-loan-forgiveness-guide/comment-page-1#comment-1689 robyn Tue, 26 Aug 2008 16:18:14 +0000 http://www.moneyunder30.com/student-loan-forgiveness-guide#comment-1689 Great roundup! To add some info on Phillip's comment above-- the website www.ibrinfo.com contains information about both income-based repayment and public service loan forgiveness. The legislation has passed, but Congress is still in the rulemaking process, so look out for more changes. www.ibrinfo.com also contains an interactive calculator you can use to see if you qualify! Great roundup! To add some info on Phillip’s comment above– the website http://www.ibrinfo.com contains information about both income-based repayment and public service loan forgiveness. The legislation has passed, but Congress is still in the rulemaking process, so look out for more changes. http://www.ibrinfo.com also contains an interactive calculator you can use to see if you qualify!

]]> By: Phillip http://www.moneyunder30.com/student-loan-forgiveness-guide/comment-page-1#comment-1688 Phillip Tue, 26 Aug 2008 03:24:19 +0000 http://www.moneyunder30.com/student-loan-forgiveness-guide#comment-1688 There is another loan forgiveness program for those in public service. It involves 10 years of payment and after 10 years anything left is waived. The monthly payment is based upon a percentage of your income. However there are two methods used to calculate the monthly payment required. To the extent of my knowledge, one is in effect now (Income-contingent) and the other method of calculating your monthly obligation(Income-based) does not come into play until 2009. http://www.finaid.org/loans/publicservice.phtml There is another loan forgiveness program for those in public service. It involves 10 years of payment and after 10 years anything left is waived. The monthly payment is based upon a percentage of your income. However there are two methods used to calculate the monthly payment required. To the extent of my knowledge, one is in effect now (Income-contingent) and the other method of calculating your monthly obligation(Income-based) does not come into play until 2009.

http://www.finaid.org/loans/publicservice.phtml

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