In the United States, it is not unusual for many individuals who obtained private or government funded student loans in financing their university or college education to face challenges in repaying their student loans. The borrowers would give reasons such as not obtaining a good paying job, paying off other loans, financial difficulties, and other important reasons. Therefore, many borrowers would avail of the student loan debt relief programmes offered by the private lenders or banks, or by the government agencies that provided that student loans.

Student debt reliefs or also known as student loan forgiveness or discharge are the processes of reducing or eliminating partly or completely the outstanding balance owed by a borrower for his privately funded or government funded student loan. The specific terms and conditions of a student loan debt relief programme would depend on the criteria or requirements for partial or complete forgiveness provided by the private lender or government agency that provided the student loan. If you are having some difficulties in the repayment of your student loan, you should know and learn about the basic tips on how to find and obtain loan relief or forgiveness.

A borrower should take note that a student loan debt relief as a discharge is not feasible under bankruptcy proceedings of a bankruptcy court unless the borrower could prove that repaying the loan would cause extreme hardship for him. Hence, the most feasible option for the borrower would be applying for loan forgiveness programmes that are offered by the federal government or public agencies for both government and private funded student loans. The student loan forgiveness programmes offered by the federal government or other government agencies would usually involve in requiring the borrower to work for a government agency or work for volunteer programmes sponsored by the federal government such as the Peace Corps, AmeriCorps, and Volunteers in Service to America.