eLearners.com Offers Comprehensive List of Loan Forgiveness Programs

Hoboken, NJ, December 1, 2008 – As the recession causes cutbacks across the nation, many working adults are now ducking corporate downsizing by returning to school. A recent survey of visitors to eLearners.com, a web resource of EducationDynamics, found that 42 percent of online education-seekers plan to take out a loan to pay for this return to student status. Amid economic uncertainty, many of these new learners may wonder how they’ll pay back their debt in the future. Loan forgiveness and repayment programs, offered by employers in specific need-based occupations, may be the answer. In its Debt-Free College Guide, located at http://debtfree.elearners.com/, eLearners offers the most comprehensive guide to these types of programs on the Internet.

“It’s hard for people to think about going back to school for a career change when it’s a challenge to figure out how to pay for it,” said Terrence Thomas, Executive Vice President of Marketing for eLearners.com, which connects prospective students with online learning providers. “Many people aren’t even aware that loan forgiveness programs exist. With the right career move, many of these types of programs can cover the cost of an education.”

Loan forgiveness and repayment programs are generally designed to encourage students to pursue educational goals that will lead to employment in a number of need-based occupations, such as working for volunteer organizations, practicing law with low income residents, working in federal or state government, teaching or practicing medicine. In exchange for service in these fields, part or all of student loan debt can be forgiven, be it from a traditional institution or from one of many online colleges. Visitors to eLearners.com can search for loan forgiveness and repayment programs by state, with tailored results customized to their search.

“With student loan debt for those completing their degree jumping 108% in the past decade, according to the National Center for Education Statistics, and students facing one of the most severe credit crunches in history, loan forgiveness programs may just be the perfect solution for those who want to do well by doing good,” continued Thomas.

The Debt-Free College Guide is part of eLearners.com’s Student Loans and Financial Aid Center. eLearners.com has also introduced such innovations as the eLearners Advisor, an assessment that through a series of targeted questions ranging from technology access and skills, to personal motivation and learning styles, helps prospective elearners determine if online learning is right for them.

For more information on financial aid options and going to school online visit www.elearners.com.

Contact:
Jenny Foust
CSG-PR
jfoust@csg-pr.com
(720) 244-4268
111 River Street, Suite 1201
Hoboken, NJ 07030

About eLearners.com®
The eLearners.com website is one of several high visibility, high-quality prospecting tools offered by EducationDynamics. Since 1999, eLearners.com has been successfully connecting learners to online education, including online degree and certificate programs, specialized career training, and a variety of online courses. For prospective students, eLearners.com provides a powerful search engine for users to find thousands of online program offerings, as well as educational evaluation tools and financial aid resources. For colleges and universities, the eLearners.com website offers a low-cost, performance-based method to provide national exposure and increase enrollments in their programs. For more information on eLearners.com, visit http://www.eLearners.com.

About EducationDynamics
EducationDynamics, a portfolio company of Halyard Capital, is the leading marketing and information services company dedicated to helping higher education institutions find, enroll and retain students. Its content-rich and highly visible education websites, including EarnMyDegree.com, eLearners.com, GradSchools.com, StudyAbroad.com and its more than 50 special interest microsites, make EducationDynamics the premier provider of qualified prospective students for colleges and universities. In addition, the company offers a full suite of Web-delivered services proven to drive enrollment growth and reduce student attrition. For more information, visit http://www.educationdynamics.com.

This release was published on openPR.