Do many schools pay off student loans if you become a teacher there?
I live in Florida and was told by a friend that if I decide to become a teacher that most schools will offer “student loan forgiveness” therefore pay off the student loans. Is this true?
There is a federal loan forgiveness program by which percentages of your student loan can be written off if you teach in the same Title I school for at least five years. Title I schools have a certain percentage of “disadvantaged kids”: those receiving free or reduced lunch. Check the documentation on your loan to see if it qualifies.
My loan does, but I taught in one Title I school for two years, another for three years, and then went to work for the district. Oh well!
