Education Student Loan Forgiveness For Private Student Loans

Private student loans can’t be forgiven through any government or independent programs.

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President Joe Biden and other politicians have proposed student loan forgiveness plans for federal student loans but not for private student loans.

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Private student loan lenders often have programs available for borrowers experiencing financial hardship.

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If you’re not excited about a growing student loan balance while in deferment or forbearance, student loan refinancing might be a good alternative.

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If you default on your private student loans or claim bankruptcy, it’s unlikely that your loan holder will cancel your loan.

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Private Student Loan Debt Relief: Would Private Student Loans Be Forgiven?

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