Reality: There is no program actually named “Obama Forgiveness” or anything similar, the media and others have use this as a term to describe a series of government programs that can benefit individuals with student debt (just like “Obamacare” isn’t the real name of the Affordable Care Act).

Myth: You have to “act now” or the program could go away

Reality: There is no evidence to suggest these programs are going away.  But if you’re having trouble with student debt, acting now to learn more about programs available may help to greatly lower your payments, get you out of default, help you avoid wage garnishments, and provide you forgiveness.

Myth: “If you sign up your debts will be forgiven immediately”

Reality:  There are some really great forgiveness aspects to some Federal programs, but most forgiveness typically happens at the end of the loan term (10, 20, or 25 years depending on the program), anyone promising overnight debt forgiveness is likely dishonest

Myth: Some companies have special access to “Obama Forgiveness” or “Student Debt Forgiveness” programs

Reality:  No one person or company has special access.  These are programs offered by the Department of Education. We are a private company that helps borrowers determine which programs are best for them and walks them through the process of applying in an understandable way to make sure they get enrolled correctly and are getting maximum benefit (like a tax preparer makes sure your taxes are done right and you get the largest refund!)  Consumers can do all the research on these many programs themselves and attempt to enroll through the DOE or other channels themselves without paying anyone, but we strongly believe that our guidance and support coupled with our money back guarantee produce the best outcome in terms of lower payments, default removal and other benefits.  Call us and give us a chance to help you!