Military and Student Loans?

What's up guys. Does anyone know which, if any, branches of the US military are known to be more lenient or have programs for those with student loan debt? Just trying to cover all my bases here.

Hello! Joining the military to help with student loan repayment is definitely an option to consider. Many of the branches do have programs to assist with student debt.

The Army, for example, has the College Loan Repayment Program (CLRP). You could earn up to $65,000 of loan repayment with a three-year active duty enlistment in specified roles.

The Air Force also offers a similar program, known as the Loan Repayment Program, which could repay up to $10,000 of student loans for certain enlistment contracts.

The Navy's Loan Repayment Program, open to enlisted individuals meeting certain criteria, can help repay up to $40,000 (yearly) of student loans.

The National Guard offers the Student Loan Repayment Program which will pay up to $7,500 per year of student loans for qualifying Servicemembers, if they meet the parameters of their six-year enlistment contract.

Remember that these programs typically require you to meet certain criteria, including serving in specific roles. It's important to do your research and speak with a recruiter from the branch you're interested in to understand the full requirements and stipulations of their loan repayment programs. While not a branch of the military, it's also worth noting the Public Service Loan Forgiveness (PSLF) Program. If you work full-time for a government or not-for-profit organization, you might be eligible to have the remaining balance of your Direct Loans forgiven after you've made 120 qualifying payments—that's 10 years of payments.

To ensure you're making the right decision for your life and career, it's essential to balance this financial benefit with other factors, such as your interest in serving, as well as the time commitment.