Teachers rock. And we’re not just saying that. Educating future generations is a serious (and seriously awesome) task. Because teachers have such a vital purpose, it makes sense that they should have some perks. While a teacher’s salary isn’t always the most glorious, these deserving educators do catch a break when it comes to student loan forgiveness for teachers.

But here’s the thing about teacher loan forgiveness – it’s a tricky thing to navigate, with multiple options that have varying requirements.

There are three main programs that the Department of Education offers specifically for teachers: Teacher Loan Forgiveness, Public Service Loan Forgiveness, and Perkins Loan Teacher Cancellation and Discharge. Other forgiveness options include Income-Driven Repayment Forgiveness and state-based loan repayment programs.

Don’t get too worried about how to figure out which forgiveness option is best for you! We’ve put together a helpful guide to these student loan forgiveness options for teachers, complete with the pros and cons for each opportunity.

STUDENT LOANS, the two scariest words affecting the daily lives of 45 million Americans. Over the past decade, college tuition prices have steadily increased & so has student loan debt. What’s even scarier, are the stats. We’ve put together a list of the most haunting facts, but BEWARE even we can’t sleep from the nightmares.

Getting your student loans back on track is one of the most important steps to achieving financial freedom. However, during this time you also must juggle managing your finances, because L I F E.

Defaulting on your student loan debt can mean a bigger balance & a damaged credit score. 40% of student loans are 90 days or more delinquent or in default. If you have defaulted on your loans or are at risk to do so, you may have started noticing.