What are some examples of occupations that help students pay off loans directly?

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Posted by Sam Bernhard (MONEY FORUMS: 6, Answers: 0)
Asked on November 9, 2015 9:44 am
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Sam, there are a few ways to get assistance with paying down student debt through work. There are instances in fields where employees are in high demand that private employers will offer some student loan assistance as a signing or ongoing bonus. Most teaching positions, especially ones in at-risk areas, offer some debt pay down per year of service. (I believe TFA does this also.) Any job that qualifies as a "public service" job, such as working for a non-profit, or in health care in underserved areas, makes you eligible (for your federal loans) for a) income-based repayment and b) tax-free debt forgiveness after a period of time as little as 10 years. Finally, the military offers help with student loans. Check out the government website "student aid.ed.gov" for more information on all of these programs.
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Posted by Beth Tallman (MONEY FORUMS: 1, Answers: 61)
Answered: November 9, 2015 9:56 am