Tuesday, November 17, 2009

Lowering the cost of Student Loans

So, in attempt to make you financially better off as a teacher I have found the site that deals with forgiveness, or deferring, of Financial Student Loans for teachers who serve five years.Federal Student Aid logo This means you can have the Stafford loan reduced by $17,500 if you are eligible and make life a little less stressful.

While you may think you will always be poor, between the 50% off homes and the student loan forgiveness, you may find that the 187 days you end up teaching is very lucrative if you use the resources available to you. (((On A side note-I did not look this up in a book or a library, but on the internet by computer. Weird!)))

If you are interested in saving a bunch of money on student loans please click HERE and you will go to the Stafford Loan forgiveness page. The "Stafford Loan Forgiveness Program For Teachers" encourages you to spread the word and download a brochure at Help Me Out for assistance on this or Perkins loans. What do you have to loose?

1 comment:

  1. Glad you posted this Jim. I have know of this program for some time now. I actually knew about it before I began college. It was one of the factors that helped me decide to go to college.