Student Loan Debt Relief for social workers?
I am a social worker- have $60,000 in debt and wont pay it off for 29 more years. Every 2 years the payment increases. I am not wanting go buy a home or travel the world- just need some help on how I can pay this off so I can afford gas and groceries- and as a social worker, I know I make too much for food stamps or any public assistance. Are there any programs for social workers out there like nurses or teachers? Is there anything? Anyone who has a ton of money who wants to donate to a worthy cause 
Well Doll Welcome to the real world.
If you want to pay it off early start making payments on the principal as well as the regular payments.
For instance if you have a 30 year loan on $60,000.00 at 8.5% interest. Your payments will be approximately $461.35 But if you could pay an additional $100 per month you can cut off at least 5 years 3 mos of the loan. Every time you have some extra cash, put it on the principal for the loan. Send extra principal payments in a separate check clearly marked to be applied to principal of the loan.
The student loan program is wonderful. However I don’t think most students realize how much they are actually borrowing over the long term of their education. So it’s a surprise to them when the payments start of how much they owe and how long they will have to pay on it!
