dcsimg
You are here:

Three Ways to Offset or Eliminate Student Loan Debt

If you've generated debt from student loans during your time in college, it can take time to pay it all off. After graduation, you may have your hands full simply trying to find an entry-level job that will cover your rent, put food on the table, and start you along your career path -- leaving little room to pay down student loan debt.

Take comfort: there are ways to either delay, offset, or eliminate your loan debt by signing up for one of several opportunities in the teaching, public service, or healthcare sectors.

Here are examples of ways to gain student-loan forgiveness:

Teach
Outstanding Perkins and Stafford loans can be retired permanently if you sign up to teach at elementary or secondary schools that serve critically-low-income communities. Or, if you commit to teach secondary school math and science -- or and elementary/secondary school special ed -- for five consecutive years in low-income communities, you can receive upwards of $17,500 in loan forgiveness.

Learn more about it at The Teacher's Student Loan Forgiveness Program.

Volunteer
Sign up to serve in Vista or Peace Corps as a volunteer. The Peace Corps will take off 15 percent of Perkins loans for a year of service, 20 percent off each of the second and third year, and up to 70 percent of your entire loan if you serve for four years. VISTA and AmeriCorps will apply $4,725 against your loan for a year of service.

Learn about Vista and AmeriCorps.

Serve
Join the Army National Guard. If you sign up while attending college, the Armed Forces Student Loan Forgiveness Program offers as much as $10,000 in loan repayment assistance. For those with health-care/medical degrees, you can earn bonuses toward loans by serving as military health-care professionals. For information, contact The National Guard.

Search Schools

      
Matching School Ads
  • Regis College

    Regis is a leading Catholic university in greater Boston with undergraduate, graduate and doctoral students in the arts, sciences and health professions devoted to engage, serve and advance in a global community.

    Programs

    • Online Master of Health Administration

    Location: Online

    Regis College Request Info »
  • Lewis University

    Lewis University is a comprehensive, Catholic university where students just like you thrive.

    Programs

    • Graduate Certificate in Organizational Leadership
    • MS in Computer Science
    • MS in Public Safety Administration
    • More...
    Location:
    Romeoville: 1 University Pkwy,, Romeoville IL 60446
    Lewis University Request Info »
  • George Washington University

    GW's Graduate School of Education and Human Development offers online Graduate Education Master’s programs that prepare leaders like you for research, policy, and practice in the fields of teaching, leadership and administration and education technology.

    Programs

    • Graduate Certificate in Instructional Design
    • Master of Arts in Education and Human Development in Educational Leadership and Administration
    • Graduate Certificate in E-Learning
    • More...

    Location: Online

    George Washington University Request Info »
  • Ashworth College

    Earn your degree or diploma on your schedule and succeed at Ashworth College.

    Programs

    • Payroll Clerk
    • Private Investigation
    • Occupational Therapy Aide
    • More...
    Location:
    Norcross: , Norcross GA
    Ashworth College Request Info »
  • Keiser University

    Since 1977, Keiser University has provided quality student-centered, career-focused education. Keiser University Online offers degree programs online to prepare students for in-demand professions.

    Programs

    • Master of Science in Psychology
    • Bachelor of Arts in Psychology
    • Business Administration, BA - Human Resource Management
    • More...

    Location: Online

    Keiser University Request Info »
  • Georgetown University

    Georgetown University is a private, not-for-profit, accredited university located in Washington, DC. Founded in 1789 by John Carroll, Georgetown is America’s oldest Catholic and Jesuit University.

    Programs

    • Master of Professional Studies in Sports Industry Management
    • Master of Professional Studies in Real Estate
    • Masters of Professional Studies in Technology Management
    • More...

    Location: Online

    Georgetown University Request Info »
  • Platt College

    Turn your talents into a career at nationally recognized and accredited Platt College.

    Programs

    • Veterinary Technology Alternate Route - Certificate
    • Respiratory Therapy
    • Veterinary Technology - Associates

    Location: Online

    Platt College Request Info »
  • Widener University

    Why Choose Widener University?

    At Widener University, we proudly cultivate challenging and culturally diverse learning environments where academics, leadership, and service come first. Our curricula are connected to societal issues and challenge students to take social responsibility for their role in today's global society.

    Programs

    • Masters of Social Work
    • Master of Business Administration
    • Master of Business Administration - Business Process Innovation
    • More...

    Location: Online

    Widener University Request Info »
  • Liberty University

    100% Online & No Standardized Testing

    Programs

    • Doctor of Education: Community Care & Counseling: Marriage & Family
    • Doctor of Ministry: Evangelism & Church Planting
    • M.Div: Homiletics
    • More...
    Location:
    Lynchburg: 1971 University Blvd,, Lynchburg VA 24515
    Liberty University Request Info »
  • Florida Tech

    See What’s Possible When You Earn a Degree at Florida Tech 100% Online

    Programs

    • Associate of Arts in Healthcare Management
    • Bachelor of Arts in Business Administration/Management
    • Associate of Arts in Criminal Justice
    • More...
    Location:
    Melbourne: 150 W University Blvd., Melbourne FL 32901
    Florida Tech Request Info »
  • Matching School Ads

    Quick School Search

    College & Career Search Tools

    • Careers: Unsure about your career path? Study profiles of hundreds of professions.

    • Interviews: Professors and deans sit down with our team to give you unique insights on college life.

    • Military Education: Find only Military friendly online schools and campuses.

    • Student Reviews: Know before you go. Read student reviews on over 2000 accredited colleges. Write your own experience.