My main questions here are whether there are stipulations about when the loan was taken, when the course of study finishes, and if having a cosigner affects whether one qualifies.
I'll just give my data and see if anybody can find this out for me: Say I have a student loan from Sallie Mae that was taken around January of last year, for a course of studies that terminate in October. One thing I'm wondering, I definitely make (way) less than the income, in fact I make pretty much nothing. But in order to get a loan in the first place I needed to have my parents co-sign, and I'm pretty sure they make more than 125k. Does the income of a cosigner come into play here, or can I still get $10k cancelled?
maybe you can look into converting them?
I'll look into that, not sure if it's an option. The classes I took should let me get a job with the income to repay the loan so it's not the end of the world, just weird that it's like "hey were canceling some student debt, but no, not you. You took the wrong loan, enjoy paying it off" lol