student loan forgiveness is an extremely attractive concept. Students may take out lots of loans in college. There can be many reasons to do so. For some this is the only way to fund college. Others did not understand the ramifications of taking out student loans. Many think that a college education will lead to easy repayment.

But student loan debt can easily get out of hand. Some people actually remain below the poverty line for years because of their student loan debt. This can even be a problem for people who have good jobs.

Clearly this is never the intent for student loans. As a result, many lenders develop programs to help borrowers pay off student loan debt. The programs can have stringent requirements. But if you manage to meet them then you can have your student loans forgiven.

Here are a few of the common criteria for student loan forgiveness programs:

* A job that is public service - Often jobs like teaching, community protection and non-profit work qualify. It is vital to document every year of your service.

* Going to a college that is now defunct - Colleges that do not provide adequate education may be required to repay your loans for you. If you get your degree from a school with no accreditation you may be eligible for student loan forgiveness.

* Admission to a school for which you did not qualify - If you were granted admission for which you did not qualify then the school may be responsible for your student loans. Of course you will have to prove that you were not qualified.

* • Valid and long-term participation in student loan debt aid programs - Good faith attempts to repay often result in qualification for additional aid.

Of course you should never take out loans you do not intend to repay. Sometimes though unforeseen incident happen. If you cannot handle your student loan debt then you should definitely consider student loan forgiveness.