Are there any special programs to help those with loans from foreign universities?

There are special programs available for those who are struggling to repay student loans taken out for foreign universities. In California, the California Student Loan Forgiveness Program can provide debt relief for those with loans from foreign universities. The program is offered as a partnership between the California Student Aid Commission and the federal government. The program provides up to $4,000 per year to help those with loans from foreign universities to pay off the debt. The program also provides help to those who are struggling to keep up with their monthly payments. Those interested in applying must meet certain criteria, including being employed in the US and having a minimum of 5 years of repayment history. The program also offers counseling on how to handle the loan and how to manage debt. Additionally, there are programs available to help those with foreign-sourced loans refinance their debt. Refinancing can often be beneficial if the borrower has a good credit score and can get a better interest rate with another lender. This can help them lower their payments and make it easier to pay off the debt in full. Ultimately, those with loans from foreign universities have the option to take advantage of special programs to help make paying back the loans more manageable.

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