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Student Loan Forgiveness

Student loan forgiveness is a process by which a borrower's remaining loan balance is forgiven by the government or the lender. This can be a helpful option for borrowers who are unable to repay their student loans due to financial hardship or other circumstances. Continue Reading Below

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Industry Studies

2026 Student Loan Industry Study Thumbnail

2026 Student Loan Industry Study

Andrew Latham

Encyclopedia Articles

Discover the definition of financial terms related to student loan forgiveness.

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Learn About Student Loan Forgiveness

Thumbnail for Blog Article: Student Loans for Trade Schools: Beginners Guide

Student Loans for Trade Schools: Beginners Guide

Andrew Latham

Thumbnail for Blog Article: Financial Aid: Ultimate Guide on Getting Money for College

Financial Aid: Ultimate Guide on Getting Money for College

Andrew Latham

Thumbnail for Blog Article: Do You Have to Pay Back Financial Aid?

Do You Have to Pay Back Financial Aid?

Erin Gobler

Thumbnail for Blog Article: Does FAFSA Check Your Bank Accounts For Eligibility

Does FAFSA Check Your Bank Accounts For Eligibility

Ossiana Tepfenhart

Thumbnail for Blog Article: What Happens When You Default On Your Student Loans? And What You Can Do To Avoid It?

What Happens When You Default On Your Student Loans? And What You Can Do To Avoid It?

Julie Bawden-Davis

Thumbnail for Blog Article: Biden Student Loan Forgiveness: What You Should Know

Biden Student Loan Forgiveness: What You Should Know

Ben Coleman

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About Student Loan Forgiveness

Student loan forgiveness is a process by which a borrower's remaining loan balance is forgiven by the government or the lender. This can be a helpful option for borrowers who are unable to repay their student loans due to financial hardship or other circumstances. There are several different programs that offer student loan forgiveness, including the Public Service Loan Forgiveness Program, the Teacher Loan Forgiveness Program, and the Income-Based Repayment (IBR) Plan. To be eligible for student loan forgiveness, you must typically meet certain requirements, such as working in a qualifying public service job or making a certain number of on-time loan payments.