Recent graduates trapped under a mountain of student loan debt and worrying about interest rates rising in the future may wish they lived across the border.
Under certain circumstances, the U.S. government will forgive the remainder of your federal student
loan debt if you work in the public sector or for a registered nonprofit
for 10 years and make your payments on time.
The Public Service Loan Forgiveness program
is open to indebted students who become police
officers, firefighters, emergency medical technicians or public school
teachers, for instance.
And they're still not satisfied. Those who haven’t paid off their student loans overwhelmingly want those loans forgiven by their lenders, according to a recent survey released by online research firm, Instant.ly.
In this country, however, you're expected to pay it all back -- unless you're in the medical profession, that is.