| The phrase "student loan forgiveness and | | | | entirely. Naturally the government will ask for |
| consolidation" is the name given to a remarkably | | | | something in return, but this should be regarded as a |
| simple process that can be used to consolidate all of | | | | just trade-off for a college education. Of course, this |
| your existing student debts into one manageable | | | | does not necessarily have to be in the form of |
| repayment package. This is a really straightforward | | | | something financial. |
| way of making your burden a less substantial one. | | | | The best way to have your loans forgiven is by |
| This has a lot of advantages for a lot of people and | | | | joining the US Armed Forces, and for those who |
| of course the most useful advantage is that you will | | | | have an interest in serving their country, this is a |
| no longer have to make payments on your loans. | | | | great way to lose some of your debt. Active service |
| The premise is a simple one; a loan consolidation | | | | isn't essential as long as some contribution to the |
| company will take up all of your debts, your credit | | | | military is made. The amount of your debts which will |
| cards, bank loans and so forth in addition to your | | | | be forgiven will be in proportion to the time which |
| primary tuition loan and pay them all off immediately | | | | you spend serving, so the harder you work, the |
| for you, irrespective of the size or value. You then | | | | better off you'll end up. |
| make a single monthly payment to your | | | | Secondly, you could apply to join the Peace Corps in |
| consolidators, eliminating the stress and hassle of | | | | a similar arrangement. As a government-run charity |
| dealing with multiple creditors, in addition to a small | | | | that assists people in developing nations, as well as |
| fee, ultimately leaving you with less of a burden. | | | | offering a method of having your student debt |
| Alternatively, you could try a loan forgiveness | | | | forgiven, it offers a potentially highly rewarding and |
| program, whereby in addition to having your loans | | | | enlightening experience. |
| consolidated, some of your obligations will be forgiven | | | | |