What Is The Teacher Student Loan Forgiveness Program?

As an incentive for more people to get into teaching, due to a shortage of teachers in the USA, there is a scheme whereby those who go into teaching after college can have their Stafford loans cancelled. Stafford loans are the most commonly awarded type of federal student loan, and can really help a lot of people who couldn't otherwise afforded it to get a college education. They have to be paid off, with monthly repayments usually starting six months after you graduate.

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