I’ve heard about loan forgiveness for teachers. What about it?
If you received a Stafford Loan on or after 10/1/1998 and you teach full-time for five years in a low-income school, you might be eligible to have a portion of your loan canceled – up to $5,000. If you teach special education in an elementary or secondary low-income school or math or science in a secondary low-income school for five years, you may be eligible to have up to $17,500 canceled. More information is available at www.studentloans.gov under “Managing Repayment.”