NEW YORK (PIX11) – With student loan collections set to restart on May 5 and more than half New York college graduates in debt, New York State offers some loan forgiveness options for residents.
According to the Institute for College Access and Success, about 54 percent of New York graduates have student loan debt, with an average load of $30,951 in 2019-20.
Student loans in default to be referred to debt collection, Education Department says
The state currently offers seven loan forgiveness programs, three of which are currently accepting applications and others with application windows opening soon.
Get on Your Feet Loan Forgiveness Program
You might be eligible for this loan forgiveness program if you graduated from a college or…
