Advertiser Disclosure

Careers That Offer Partial Or Total Loan Forgiveness

Careers That Offer Partial Or Total Loan Forgiveness Loan

It is a well-known fact that most college students need a loan to be eligible for a college education. To put it in statistical terms, at least seven out of ten college students take loans to pay for their college education, which totals to an average balance of more than $35,000 by the time they graduate out of school. All said and done, this is definitely not an ideal way to start out in your professional career, with a huge debt on your head. Students should preferably look for companies that offer to forgive college loans as they take them on as employees after graduation. In fact, companies are offering to forgive college loans as a way to attract good employees in spite of poor economic backgrounds.
In that respect, here are some careers that recent graduate students can opt for and forgive college loans as a part of the package.

  • Federal Agency Employees – Federal agencies have significant leverage as opposed to private companies when it comes to loan repayment in the sense that, they are allowed to offer student loan repayment assistance to their employees as long as it does not exceed $60,000 per person.
  • Public Service Careers – Public service institutes offer loan cancellations for full-time public service employees as long as they are unconsolidated loans. There is also the Public Service Loan Forgiveness Program which is available for any person of a government organization, tax-exempt organization or for-profit organization with qualifying service.
  • Medical Practice – There are specific options available for loan forgiveness to medical practitioners and other people who have careers in medicine including doctors and nurses as well. The Association of American Medical Colleges maintains a list of loan forgiveness programs for doctors.
    These are the careers that have loan forgiveness programs available to you if you choose any of these fields as a career. You will notice that most of these careers include helping the community in some way. Therefore, if you are doing public service or enjoy helping people, a career in public service or medicine may be the right one for you.
297 VIEWS

top rated cards

Citi® Double Cash Card – 18 month BT offer

cards
  • Purchases Intro APR
    15.24%
  • Regular APR
    15.24% - 25.24%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0

Citi ThankYou® Preferred Card

cards
  • Purchases Intro APR
    15.24%
  • Regular APR
    15.24% - 25.24%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0

Citi Simplicity® Card - No Late Fees Ever

cards
  • Purchases Intro APR
    15.74%
  • Regular APR
    15.74% - 25.74%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0

Citi® Diamond Preferred® Card – 21 Month Balance Transfer Offer

cards
  • Purchases Intro APR
    14.74%
  • Regular APR
    14.74% - 24.74%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0
Finance

How Financial Advisors Can Help You Save For A Rainy Day

If you are earning money and have thought about saving some for the future, surely you have thought about using the services of a professional financial advisor. Assessing the financial needs of an individual or family, financial advisors help wit...
255 VIEWS
Finance

State Farm Insurance Homeowners Quote For 2018

Our home is our place of security and our family is the comfort zone that we always like to return to. As such, given the importance of this place, it is important for one to take care of their house and make sure it can stand against natural disaste...
296 VIEWS
Finance

Free Forex Trading Strategies That Are Sure To Help You

Are you new to trading? Forex trading in particular? Learning the best forex trading strategies is the first step. Attempting to trade with the trial and error method is not as favorable as researching and following strategies learned over years of e...
262 VIEWS