Contact our free attorneys for counseling about your student loans.
If your loans are too high, we can help you get them lowered. Our free lawyers and counselors are available to help you. The Education Department has 4 programs to lower your monthly payments. Read more about it on this blog.
We can also help you get your loans reduced or forgiven if you are:
- Totally disabled;
- Working in a Public Interest job (including military, government, and non-profit);
- Working as a Teacher; or
- A member of the:
Anyone – regardless of your status – can also apply to get your federal student loans forgiven (and even get reimbursed for loans you already paid) if your school:
- Took out loans in your name without your permission or signed your name without your knowledge (application form is here);
- Defrauded or deceived you (online application form is here);
- Closed (and you were enrolled within 120 days of its closure) (application form is here); or
- Wrongly enrolled you in a program you couldn’t benefit from (such as if you lacked a GED) (application form is here).
Our free lawyers can help you with these rights. Also, if you get your loans forgiven or cancelled, the IRS will not consider that taxable income, so no taxes on it.
Active duty? You have extra rights!
- No loan – private or federal – can charge you more than 6% interest rate while you’re on active duty, and 0% interest rate if you’re serving in a hostile area. Learn more here.
- You are entitled to postpone your loan payments while you’re on active duty.
- You’re also entitled to be excused from having to file routine paperwork with the Education Department while on active duty.
- The Defense Department will repay some loans in some situations. Ask your designated Military Personnel Officer for help finding out.
Please beware of scams. Apply only through the U.S. Education Department. Our free lawyers can help you with the paperwork.
More Helpful Tips for Student Loan Borrowers here.
And if you have an urgent need for financial assistance, VFW may be able to help with their emergency grants.