Public Service Loan Forgiveness (PSLF)
Working full-time in a public service job may qualify a federal student loan borrower for forgiveness of the remaining debt after 120 payments.
Bankruptcy Discharge of Student Loans
Student loans are almost impossible to discharge in bankruptcy except if the borrower can demonstrate undue hardship in an adversarial proceeding.
Federal education loans are discharged upon the death of the borrower or the student on whose behalf a Federal Parent PLUS loan was borrowed.
Total and Permanent Disability Discharge
Borrowers who are totally and permanently disabled may be eligible for a discharge of their federal education loans and, perhaps, private student loans.
Student and Parent Loan Settlements
Learn about the 3 standard offers the U.S. Department of Education will make to settle defaulted student loans.
Student Loan Forgiveness: How to Cancel Your Debt
Learn about the available options for getting federal student loans cancelled, such as Public Service Loan Forgiveness (PSLF) and Teacher Loan Forgiveness.
Student Loan Discharge
Loan discharge cancels a debt because the borrower is unable to repay the debt (e.g., due to death, disability or bankruptcy) or because the borrower demonstrates that he or she is not responsible for repaying the debt (e.g., due to identity theft, unpaid refunds or other false certifications).