51 Jobs That Qualify You For Student Loan Forgiveness

This could change everything.
5 minute read | 9/24/18Sept. 24, 2018

Millions of Americans are struggling to pay back over $1.5 trillion in student loan debt.

If you're one of them, you'll be excited to learn some of the loopholes that can make debt forgiveness a reality for you.

The average monthly student loan payment for borrowers aged 20 to 30 years old is $351. And, while forking over that amount each month can be challenging, consider how much it's actually affecting your principal loan. 

In many cases, the average monthly payment barely chips away at the principal loan amount, being allocated towards paying down interest instead.

In other words, paying off student loans can feel downright impossible.

But, it doesn't have to be so overwhelming.

Refinancing and consolidating your debt balance through services like Credible is one option. They have a trusted reputation and help users save an average of $18,000 on student loans – without affecting their credit score.

There are also a handful of jobs that may qualify you for loan forgiveness. They may be less glamorous or appealing than you were hoping for straight out of school, but these career paths do entice workers hoping to have student loans forgiven.

1. Public Service Careers

If you work full-time for a qualifying employer, haven't previously consolidated your loans, and have made at least 120 qualifying payments, you can apply to have you remaining debt forgiven. 

Here are 37+ real examples of public service careers that qualify for loan forgiveness:

  • Military: Air Force, Army, Coast Guard, Marine Corps, Navy
  • Law Enforcement: Police, border patrol, airport security screeners, park rangers, correctional officers, Homeland Security, IRS Agents, CIA, FBI
  • First Responders: Firefighters at public fire departments (full-time), EMTs and Paramedics who work for public hospitals, other law enforcement officers who work for their city or state
  • Public Health: Nurses, nurse practitioners, nurses in a clinical setting, medical center administrators, support
  • Public Education: Public school teachers, administrators, librarians
  • Early Childhood Education
  • Government: Any federal, state, local, or tribal agency of the government
  • Americorps
  • Peace Corps  
  • Volunteers in Service to America (VISTA)

2. Federal Agency Employees

To boost recruitment efforts, federal agencies are allowed to offer student loan repayment assistance to new employees. 

Employees are required to sign a contract to work at the federal agency for a minimum of three years, and the agency will pay up to $10,000 a year per employee for federal loans, with a limit of $60,000 total per employee.

3. Teacher Loan Forgiveness

Teachers who qualify for loan forgiveness can receive between $5,000 and $17,500, depending on their subject matter of expertise and years of service. 

Here are 4+ real examples of teacher jobs that qualify for loan forgiveness:

  • Teachers in low-income school districts
  • Special education teachers
  • Teachers in underemployed subject areas
  • Teaching in a teacher shortage area

Search & Compare Best Student Loan Refinance Rates with Credible

Credible

  • Their average member saves over $18,000 when refinancing
  • Get personalized rate estimates
  • Completely free to use
Learn More

4. Nurse Loan Forgiveness

Nurses who qualify for loan forgiveness can be forgiven 60 percent of qualifying student loan debt, in exchange for a minimum of two services of service. After completing the third year of service, an additional 25 percent may also be forgiven.

Here are 3+ real examples of nurse jobs that qualify for loan forgiveness:

  • Registered nurses
  • Nurse practitioner
  • Health Professional Shortage Area facility nurses

5. Doctor Loan Forgiveness

Doctors who qualify have several potential options for repayment assistance, including scholarships via the Association of American Medical Colleges. 

Here are 4+ real examples of doctor jobs that qualify for loan forgiveness(there are many more):

  • Medical professionals who have served in the military
  • Doctors working in underserved areas
  • Doctors working in nonprofit hospitals
  • Physicians whose work qualifies as public service, as mentioned above

Search & Compare Best Student Loan Refinance Rates with Credible

Credible

  • Their average member saves over $18,000 when refinancing
  • Get personalized rate estimates
  • Completely free to use
Learn More

6. Lawyer Loan Forgiveness

Each spring, the Department of Justice is allowed to offer student loan repayment assistance to new employees to help boost recruitment efforts.

Lawyers must have $10,000 in federal student loans to qualify and can receive up to $10,000 per year, with maximum repayment assistance capped at $60,000. 

7. Automotive Employees Loan Forgiveness

Automotive workers employed by SEMA, the Specialty Equipment Market Association, for at least one year, have a degree or certificate from a college or technical school with a minimum 2.5 GPA, and at least $2,000 of outstanding student loan debt can apply for SEMA's student loan forgiveness program. 

$2,000+ is awarded to winners of the program each year to put towards any outstanding student loans, and one lucky recipient receives a $5,000 award to put towards student loan debt.

Search & Compare Best Student Loan Refinance Rates with Credible

Credible

  • Their average member saves over $18,000 when refinancing
  • Get personalized rate estimates
  • Completely free to use
Learn More

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