Student Loan Debt Relief by Searching For Local Government Jobs

Seeking student loan debt relief can be a challenge, but the key is to be proactive about it and search for opportunities. In this article, well explore opportunities to secure student loan debt relief outside of the bankruptcy process.

Before we continue, let's look at students that qualify for loan forgiveness and those that don't.
Applies to all types of educational loans (undergraduate, graduate, professional, and job training) qualify for forgiveness. On the other hand, students with loans on default do not qualify. 

Find Student Loan Debt Relief
Perhaps the most common way to seek student loan debt relief is to look for local government jobs in your area. There are many programs enacted under either federal or state law that help recent student graduates with their student loan debt by accepting a government position and keeping that position for a certain amount of time. Find out for further details on student loan forgiveness programs right here. 

For example, lawyers are one group of students that are graduating with the highest amount of student loan debt in history. It's not always easy to find a job with a law firm once you graduate and even pass the bar examination. What I have found is that some local county governments are offering positions for recent graduates as an Assistant District Attorney (ADA) with the contingency that if you work as an ADA for a specific period of time, 5 years for example, the local government will agree to pick up the tab on your outstanding student loan debt. The federal government is running similar programs and some non-profit organizations may have similar opportunities.

Although assistant district attorney jobs are quite honorable, the paychecks are admittedly not that impressive for a law student keen on landing a six-figure job out of law school. However, once you factor in the student loan debt forgiveness as income for the position, you may find that the pay for the position is actually equal to what could be received in the private sector.

For example, you may be straddled with $100,000 in student loans. If the position is willing to repay the student loans in full after 5 years of service as an assistant district attorney, you should factor in another $20,000 to your base salary of $50,000-60,000 and you're getting the $70,000-80,000 that you hand in mind when you graduated law school.

The above is an overview of how you can get relief on your student loan debt. Take a look at this link for more information.