Managing Student Loans - a Q&A

A Q&A with Summer, a startup that helps teachers manage their student loans
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I'm curious if there is any correlation between states where teachers have a higher level of student loans and student scholastic performance.

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What are the cost of the services at Summer? I am grateful for this thread but would love more individualized advice!

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What's the average student loan debt teachers have, and how long does it take to pay back?

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I worked at a charter school for four years and will be starting my third year in a regular public school. Do I have any opportunities for loan forgiveness or is that gone?

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What's the highest debt load you've seen a teacher have?

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Do you do anything for teachers in California?

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Do you know how much of a factor student loans are in contributing to teachers leaving the profession within five years?

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I have 43 in debt (first gen college student) and have been teaching for 10 years. Feels a bit hopeless. Any recommendations on how to get this over with in the next five years?

likehelpful
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Thanks for doing this Paul! I'm pretty interested in data on this. Do some states have teachers w/ more student loans than others? Is there a gender gap?

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Hi everyone! Our team is looking forward to answering your questions about student debt repayment today. We’ll be popping in and out throughout the day—looking forward to chatting with you all!

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I did an alternative program while teaching the first 2 years and now officially have my license. This is my second masters, I have about 80,000 debt. Where do I start for loan forgiveness? In Chicago

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I often hear about teachers getting cheated out of their PSLF after years of payments. How do I avoid this happening to me? How do I find out if they will forgive my loans after my 10 years?

likehelpful
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STEM teacher here. what are some good loan forgiveness plans. this will be my 5th year traching and I am working on my masters.

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Are charter school teachers covered by loan forgiveness programs?

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I heard the fed. government won't do loan forgiveness after 10 years working public service. Is this true?

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Oh my god, I'm so thankful for this! New teacher here, 43k salary / 64k debt. Halp!!! Are there special savings plans for teachers to help with this?

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