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Student Loan Forgiveness Normally once a student has graduated college, they have about six months before they need to begin paying back their student loans. However, it is possible to have some or all of your student loans forgiven. It will usually involve trading your time in a variety of different ways.To qualify, you must be involved in volunteer work, serve in the military, teach in a designated secondary or elementary school for low-income or special education students or other “teacher sho...

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