Before we get started, you need to know what type of loans you have: private, federal, Perkins, Stafford, etc. It's also helpful to know how many payments you've made and whether you school is classified as a low-income school.
- 15 percent canceled per year for the first and second years of service
- 20 percent canceled for the third and fourth years
- 30 percent canceled for the fifth year
Teacher Loan Forgiveness
Good luck in your pursuit of student loan peace and...