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Got high student loans? Rework Your Repayment Plan!


By harrisjensen - Posted on 27 April 2012

Low Income, Work In Healthcare Can Reduce Federal Student Loans

Fort Collins Psychiatrist Shares Link To Site To Reduce Your Loan Repayments!

by Harris Jensen, MD

Editor, Good Day Journal

She had 279 dollars per month to pay back to Uncle Sam on her student loans.

She didn\'t have it.

Now she pays 79 dollars per month and she can afford her groceries.

What did she do to lower her loan repayment plan?  She went to this link

http://www.direct.ed.gov/RepayCalc/dlindex2.html

Here's another link with the National Health Service Corps.  http://nhsc.hrsa.gov/loanrepayment/ 

At this link, according to one person using it, you can apply for student loan forgiveness, up to $30,000 per year.  There are pages that list medical clinics working with the program and other pages that list how much per year can be forgiven each year.  For the most part, she said, members in her class of nurse practitioners, didn't get on with a program during school.  That was hard.  Most got on near the end of their school time, and signed up for a minimum two year obligation at a clinic of their choice.  There are deadlines for signing up and such, all there on the web site.

 

The first student I talked about applied for a reduction in her monthly repayment amount.  She worked in a rural area or in an area  underserved for health care, and she showed Uncle Sam her W2\'s which showed she wasn\'t made of money.  At this link you can find information about the income limits.

She qualified for a massive reduction in her repayments!  You might too!

HJ