If you’re a recent grad looking for a job, bring this up during salary negotiations. Be willing to take a lower salary and to commit to staying at the job for a specific time period in exchange for a payment toward your schooling. If you’re a veteran employee, raise the subject at your annual review by saying, “I’ve been a loyal employee for [insert time period], and I look forward to continuing to grow and learn here. As part of my compensation, can you put [insert amount] toward my loan?”

If you are totally and permanently disabled you may be eligible for TPD discharge of your federal student loans. After you prove that you have mental or physical disability your debt will be removed completely. You can do so by providing service-related injury documentation from the Veteran Affairs office, a notice of award for SSDI or SSA with the next review in 5 years or more or a certified form from your physician.


Before you take out a loan, it’s important to understand that a loan is a legal obligation that makes you responsible for repaying the amount you borrow with interest. Even though you don’t have to begin repaying your federal student loans right away, you shouldn’t wait to understand your responsibilities as a borrower. Get the scoop: Watch this video about responsible borrowing or browse the tips below it.
×