before i even started to pay back my loan, i was contacted by student loan people to consolidate my loans ( would be $20 cheaper if i did) so i jumped at that opportunity. i contacted them by email last week asking about info on loan forgiveness because i couldn't find any info on the web site. i was told because i consolidated the loans after october 2007, ther is no longer any loan or interest forgiveness. i was not told this when i decided to consolidate. considering that the forgiveness part was the deciding factor for me getting the loans in the first place-------
this bites!!!!
Mercy83
19 Posts
Ok not to start a panic or anything but has anyone else heard that the Best In Care program that forgives 20% of loans per year for nurses in Ky is apparently running out of funds. I read in the paper yesterday that people taking out loans after June30th probably won't be able to be a part of the loan forgiveness program. I think it will also affect studnets that currently have loans with the student loan people. This includes students pursuing law and education degrees as well. I think it's terrible that legislators would cut the budget for a program like this. Most of the nursing students that I know have loans through the Best In Care Program because they were counting on that loan forgiveness! What do you guys think? Have you heard any updates?