Can my student loans be forgiven by joining the military?

[tepee007]

I was wondering if there's a way to get my student loans forgiven by joining any branch of the military?

 

[defssefs]

Unless you declare yourself bankrupt (bad idea) then you must pay them back.

 

[Bob]

No they aren't canceled by you enlisting. They are valid debts and you must pay them off. If you don't pay while you are in the military they can take your pay each month until you have paid everything back.

 

[AirWOman]

Actually, they can... as long as they are FEDERAL loans (i.e. Direct Loans) and you perform 10 years of public service (i.e. Military service... and you MUST stay in for atleast 10 years)... and make atleast 120 payments. After the 120 payments, the remainder of your balance is forgiven. For more information, contact your federal loan provider.

I am not participating in this program because I don't intend to stay in the military for 10 years and I don't plan on making 120 payments either... I am trying to repay this loan in a much shorter period of time...