Is debt relief law available for federal student loans?

Yes, debt relief law is available for federal student loans in Washington. The Washington State Higher Education Coordinating Board offers several programs that provide debt relief for federal student loan borrowers. For example, the Washington State Public Service Loan Forgiveness (PSLF) program offers student loan forgiveness for those who have been employed in a qualifying public service job and have made 120 qualifying monthly loan payments. Federal student loan borrowers in Washington can also take advantage of the Federal Teacher Loan Forgiveness Program. This program provides loan forgiveness to borrowers who have been employed as full-time teachers in a qualifying low-income school or educational service agency for at least 5 consecutive academic years. Furthermore, borrowers can also take advantage of The Total and Permanent Disability Discharge Program, which eliminates the remaining balance of eligible federal student loans for borrowers who have been found to be totally and permanently disabled. Washington also offers its own state-funded debt relief programs. These programs provide assistance for those who have struggled with federal student loan debt and are in need of assistance. Washington State offers several programs that are designed to provide relief from the burden of student loan debt, including the State Need Grant program, the College Bound Scholarship Program, and the State Work Study Program. In summary, debt relief is available for federal student loans in Washington. Federal loan forgiveness programs are available and there are also state-funded programs that offer assistance to borrowers in need. Borrowers should contact their loan servicer or the Washington Higher Education Coordinating Board to explore their options for receiving debt relief.

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