Pay Off Student Loans Much Faster! Get Rid of the Financial Pressure and Enjoy College!

If you are thinking about going to college or you are attending one right now, you know how expensive a college tuition can be. And the costs are going up 2% to 12% every year. Statistics show that three out of four students NEED to get a job to pay for college. They also show that this causes stress and that there is a relationship with the number of hours worked per week and lower grade point averages. Taking out a student loan is an option, but after graduation you’ll be working to pay off student loans.But what if there was a way to pay for college without taking out a loan, or if you have already taken one out, to pay it off before you graduate! This is perfectly possible and the best thing is, you can do this without spending a single dollar. I bet I got your attention now! You’re probably thinking that it’s something like MLM, but it’s not. Let me show you how to pay off student loans faster than you thought possible!First, let’s take a look at traditional student jobs. You start working for a boss and for every hour you work you get paid a certain amount of money. These aren’t the kind of jobs that are going to make you a lot of money, so to be able to get around financially you’ll have to put in a certain amount of time. You are exchanging your time for someone else’s money. And when you have a paper or an exam coming up there is a good chance you still have to go to work, because your boss won’t give you time off or because you need the money. This can be very stressful, as you may have found out by now.But don’t worry, there is a much easier way to earn money and pay off student loans. What if I told you that you can make money from the comfort of your home or dorm. All you need is a computer with an internet connection. And once you get things going a lot of it is on autopilot, so when you have an exam coming up, you can afford to skip a week and you’d still be making money. And the best thing is, you can do this without investing any money, signing a contract…

How Student Loan Forgiveness Programs May Help Reduce Your College Loan Debts

Student loan programs have changed in 2011. Paying off the high cost of college is getting harder and harder. More and more college graduates leave school with an enormous amount of student loan debt.College students are discovering student loan forgiveness programs to help pay off college debt. Performing volunteer work, teaching in certain school districts or within certain areas, or by providing legal and medical services, can now help in paying down your student loan debts by trading the skills you learned while going to college and getting your degree.Students leaving college and entering the work-world after the government has changed how college loans are disbursed still complain of being confronted by overwhelming frustration of having to pay enormous student loan debts and not really knowing how to tackle that debt.But all is not lost. By participating in some of the following loan forgiveness programs open to certain skill sets and occupational fields, you’ll have an opportunity to see the world and help others at the same time.Teachers: Some loans can be cancelled or, as it’s more commonly referred to, “forgiven,” if the college degree leads to or complements a job in the teaching profession. Up to $17,500 of your principal balance might be cancelled.Americorps: This organization is the domestic arm of the Peace Corps, and it offers up to $7,400 in living stipends. Will pay approximately $4,725 in education awards upon completion of one year’s successful service.Nurses: Repayment assistance (not a discharge) is available through the Nursing Education Loan Repayment Program (NELRP) to registered nurses in exchange for service in eligible facilities located in areas experiencing a shortage of nurses.Volunteers in Service to America (VISTA): Volunteer with private, non-profit groups whose mission is to eradicate hunger, homelessness, poverty and illiteracy.Peace Corps: Volunteers that have outstanding Perkins Loans can receive a 15% cancellation on the debt owed for each year of their first two-year service term and a 20% loan cancellation for their third and fourth years of service. Participants can receive up to a 70% cancellation on Perkins loans.Military Service: The Student Loan Repayment Program (SLRP). Under the Student Loan Repayment Program, when you enlist the Army will pay back up to $65,000 in qualified education loans (up to $20,000 for reservists), the Navy up to $65,000 and the Air Force up to $10,000. The military services have unique student loan repayment programs designed to help recruit and retain active duty and reserve personnel, including both officers and enlisted.Legal and medical studies: Studying medicine or law often equals racking up tens of thousands additional dollars of debt. There are law schools which provide loan forgiveness to those students who volunteer to serve in the public interest and/or work for non-profit organizations.We’ve compiled a list of helpful websites and useful links to make your search easier at our website. Look for “Loan Forgiveness Programs” at more information about student debt discharge, contact the Direct Loan Servicing Center at 1-800-848-0979 if you have a Direct Loan. Contact the lender or agency that holds your loan if you have a FFEL. If you borrowed using a Federal Perkins Loan, contact that particular school which made the loan.Yes, college was worth the price, both in time invested studying and borrowing the funds to attend classes. But now the bills have to be repaid. Fortunately, there are options to get your student loans reduced by offering up your skills and time to worthy organizations. You’ll be helping yourself lower the principal of your student loan principal balances and helping others in the process…. a true “win-win” situation.