Loan Forgiveness and Loan Repayment Programs

Buch | Softcover

180 Seiten

2019
Nova Science Publishers Inc (Verlag)
978-1-5361-5181-7 (ISBN)

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Student loan forgiveness and loan repayment programs provide borrowers a means of having all or part of their student loan debt forgiven or repaid in exchange for work or service in specific fields or professions or following a prolonged period during which their student loan debt burden is high relative to their income. In both loan forgiveness and loan repayment programs, borrowers typically qualify for benefits by working or serving in certain capacities for a specified period or by satisfying other program requirements over an extended term. Upon qualifying for benefits, some or all of a borrowers student loan debt is forgiven or paid on his or her behalf. Some of these programs are intended to support goals such as providing a financial incentive to encourage individuals to enter into and/or remain in a particular profession or public service. One such federal program that has received considerable attention in recent years is the Public Service Loan Forgiveness (PSLF) program. The PSLF program forgives borrowers federal student loans after they make at least 10 years of qualifying payments while working for certain public service employers.

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Erscheinungsdatum	05.06.2019
Verlagsort	New York
Sprache	englisch
Maße	180 x 260 mm
Gewicht	348 g
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
Themenwelt	Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre
ISBN-10	1-5361-5181-5 / 1536151815
ISBN-13	978-1-5361-5181-7 / 9781536151817
Zustand	Neuware