Government Student Loan Forgiveness Programs?

iVillage Member
Registered: 04-20-2012
Government Student Loan Forgiveness Programs?
1
Tue, 08-14-2012 - 3:55pm

Does anyone have any knowledge of any government student loan forgiveness programs? I know the Obama Administration passed something last year but when I tried to look it up, I found all kinds of results- something called the " Pay As You Earn" program that would forgive student loan debt balances after 20 years, something called the " College Cost Reduction and Access Act" (for those that work in public services or government, I think), and also something called the "  Student Loan Forgiveness Act of 2012"

The probelm is that I can't figure out which are these are still proposals, which have actually passed, etc. DH and I are getting close to the 20 year mark of paying our student loans so if there is some kind of "forgiveness" option out there, that would be a huge relief! 

Ty for any assistance!

iVillage Member
Registered: 04-16-2008