Are there any government programs to reduce or eliminate student loan debt?

Yes, there are government programs available to reduce or eliminate student loan debt in North Carolina. The most popular type of program is income-driven repayment plans, which adjust your monthly student loan payment according to your income. If you qualify, you can also apply for loan forgiveness after a certain period of time. For example, the North Carolina "Get on Your Feet" Loan Forgiveness Program gives qualifying borrowers up to 24 months of loan forgiveness. Additionally, there are loan consolidation programs that can help you combine multiple loans into one lower-cost loan. Finally, you may also be eligible for certain types of loan forgiveness if you work in certain public service fields, such as teaching or public service. Talk to your student loan provider or the North Carolina Department of Education for more details.

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Are there any government programs to reduce or eliminate student loan debt?

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