I am a special education teacher teaching in lower-income school in the state of Minnesota. I have been teaching special education on the a variance for the past two years and am planning on taking graduate-level classes working towards my master's in special education while working on an extended variance for the next couple of years (program ends 2019). I currently have around $35,000 in federal student loan debt along with around $5,000 in personal loan debt in regards to education. In addition, my father has ~$5,000 in Parent Plus loans for my education. The master's program that I am currently looking towards enrolling in will cost me around $14,000 by the end of it. I have been making loan payments based on income based repayment since graduating in December 2014.
I am currently in a slight Panic of trying to figure out loan forgiveness programs that I would qualify for and how to successfully use them. The problem I'm running into is that every organisation that I try to work with seems like it's more of a sales pitch than actually getting my student loans forgiven.
I feel like a complete idiot when it comes to all of these Financial issues, and optimistically would like to just find someone who I could pay a small amount and would take all of my loan information, tax information, etcetera and figure out for me what would be the best program to get me signed up for and get me started on that.
Does anybody here have any kind of experience with these types of programs or companies and would have any recommendations? I feel like at this point I'm drowning in loan debt, and am only sinking myself further by going back to school.
E1: Currently taking home 1,100 every other week on salary. Salary is currently $37,000 pretax and all that. Would be making $47,000 by 2019 (when program concludes).
Fed loan balance currently at 32,000 on good standing. Interest rates range from 3.1 to 6.5.
Credit score of 780, if that helps?
Any help is great appreciated, thanks.
Submitted April 04, 2017 at 08:10AM by stumpybubba http://ift.tt/2oxPy7r
