Is there any funding available to help someone pay off a college loan after you'

  1. Ken Barton profile image58
    Ken Bartonposted 6 years ago

    Is there any funding available to help someone pay off a college loan after you've graduated?

    If you can't find work other than part-time jobs that don't pay, how can a graduate hope to pay their school loans off?

  2. White Sapphire profile image57
    White Sapphireposted 6 years ago

    If you join a volunteer program such as AmeriCorps they will often give you money to help you with your student loans on top of your living stipend.  Also some types of volunteer and paid jobs will offer loan forgiveness.  For example, if you work for a certain number of years in an inner city school your lender will reduce your debt to them.

    The other way is an income based repayment plan.  The advantage is the payments are affordable.  The disadvantage is you pay a lot more in interest and have a prolonged repayment period unless you are exceptionally lucky and land a good job after a couple years.

    For more information about income based repayment plan you can go here:  http://studentaid.ed.gov/PORTALSWebApp/ … BRPlan.jsp

  3. n.pady profile image56
    n.padyposted 6 years ago

    part time jobs do pay....there is no other way by which you can get others to pay your edu loan.

 
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