Borrowing Money for School

Forgivable Loans for Grad School

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In Brief...

The good news is that there are loans out there than may be forgiven following completion of your degree. It essentially disappears from your debt.. There is usually some sort of stipulation, or catch, involved with making your debt simply go away.. Your best bet in getting loans forgiven is to apply for Perkins and Stafford loans. Peace Corps volunteers can also have a portion of their Perkins loans forgiven by volunteering overseas in developing countries. By doing a bit of research before starting your degree and being willing to work in under-served areas or in public service positions, you may be able to get a portion of your debt forgiven and make obtaining your graduate degree a bit more affordable.

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