There are various student loan forgiveness programs out there for people who work in public service, education, and other fields. Some states are even helping debt-saddled graduates pay off their loans sooner. Whether you're struggling with six-figure debt or looking for "free money" to pay off your student debt, student loan forgiveness could save the day.!
In most situations, students have more than a one single loan. Prioritizing the loans based on their interest rates is a guaranteed way to pay down the loans more efficiently and expediently. Paying loans that carry higher interest rates lowers the principal amount owed, which in turn reduces the amount to which the high interest rate applies to.
In most situations, students have more than a one single loan. Prioritizing the loans based on their interest rates is a guaranteed way to pay down the loans more efficiently and expediently. Paying loans that carry higher interest rates lowers the principal amount owed, which in turn reduces the amount to which the high interest rate applies to.
Services
The mission of MK Loan Consulting is to provide and dedicate effective and efficient ways in helping borrowers utilize all possible opportunities in Student Loan Forgiveness by using both proven and innovative methods. Our vision is to conquer the Student Loan Industry challenges by utilizing a team of specialists dedicated to continuous growth and absolute customer loyalty.
The loan forgiveness program runs under the William D. Ford Direct Loan Consolidation Program enacted in 1992 by president George H. W. Bush, and then strengthened by president Barack Obama. Often this program is referred to as the Obama Student Loan Forgiveness Program. The program allows for consolidation of multiple federal loans into one loan under you name, with one lender, and one interest rate, with one monthly bill.
Under the Teacher Loan Forgiveness Program, if the borrower is a full time teacher for five complete and consecutive academic years in a low-income school or educational service agency, and meets other qualifications, they may be eligible for a forgiveness of up to $17,500 on their Direct Subsidized and Unsubsidized Loans and their Subsidized and Unsubsidized Federal Stafford Loans.
The Public Service Loan Forgiveness (PSLF) program helps people working in public service jobs as full time employees. This includes the obvious public service positions (e.g. government, military, etc.), but it also includes those that one may not think of, such as a call center representative, a groundskeeper, animal shelter caretaker, or a translator/interpreter for courts and hospitals.
Consolidation is doing exactly as it suggests; consolidating the outstanding loans into fewer or single large loans that are more manageable from a repayment perspective. It also allows for the interest rates to be averaged across the board instead of the fluctuating (variable) ones that you may currently be paying.
Reviews (20)
Ruzanna A.
Jan 27, 2022
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I was referred to Mary by very close friends who highly recommended her services and I completely understand why. Mary is so knowledgeable about everything student loans and can make sense of what seems like a complete mess to the average borrower. Anna from MK is always available to answer a million questions and unlike other businesses they are on top of it. I am so glad to have been connected to this amazing team!
Vivian V.
Nov 02, 2021
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Mary & her team are amazing! Student loans are no joke & I had so much anxiety looking at my six figure DEBT upon graduating. Thankfully, Mary was able to put me on a 10-year repayment plan + applied for various grants- resulting in me not having to pay my first year post grad AND it'll be counted towards my 10 year repayment! Mary estimated how much I would have to pay once I start paying and thank goodness it'll only a fraction of the price that I had in mind. Overall, I'm very pleased with MK Loan Consultant. I've referred several of my friends to get consultation
Sanaz Shaghaghi
Mar 31, 2021
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Lucineh Tsaturyan
Feb 22, 2021
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I was drowning in student loans and I didn’t have a concrete plan of how I was going to manage them. I thought I was a lost cause! The whole team is phenomenal! service is outstanding. They are so warm and welcoming. Mary put me on the right path! Mary is so passionate about what she does, it exudes in her work! She is so transparent and genuine about the whole process. It’s easy, painless, and the best decision you’ll ever make. Take the step, go do it and see what a huge difference it’ll make for you!
Jessica M.
Oct 14, 2020
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I called MK Loan Consulting to see what I can do about my student loans after a friend recommend them to me. Mary and her team is very straight forward, honest, and most important they are very helpful with walking you through the process. They answered all my questions (even though I didn't have many because Mary was very thorough with her explanations) I have already recommended her to a co-worker that is also working on paying off her student loans.
Zara H.
Nov 20, 2019
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Astghik Mamalashvili
Aug 19, 2019
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Loree K.
Aug 19, 2019
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After being lost about where to start with my student loans I was referred to Mary by one of my family members. Mary and her team are truly amazing! I couldn't be happier!! I had a meeting with Mary, the President of the company. She brings her A game and is very knowledgeable and super friendly. She answered every single question I had and made me very comfortable and content with my student loan payment plan. Don't even think twice. I highly recommend this consulting firm.
Siri V.
Feb 01, 2019
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Mary is amazing!! She helped my fiancé with his student loan from 10 years ago that he recently discovered he had. Mary didn't try to rip us off or take advantage of us. She was honest and upfront about what she can help with. Her whole team was super kind and helpful. I highly recommend them for any of your student loan needs!!
Luiza S.
May 30, 2018
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Lulu K.
Apr 27, 2018
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Tiffany T.
Mar 12, 2018
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I was happy to come across this place to help me with my loans. I was always struggling with them but I finally found a company that can help me out. Mary is extremely nice and caring and assures me that she can help me out in the best way that she can. Don't hesitate and have them help you paying off your loans!
Harout S.
Feb 20, 2018
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MK Loan Consulting is really an exceptional establishment that provides critical knowledge and assistance to students and graduates to manage their loans timely and properly. I walked in there knowing little and walked away educated regarding exactly where I stand and what to do. And did I mention Mary K and her staff are among the friendliest professionals I have ever worked with? MK Loan Consulting is the real deal!
Jackie B.
Jan 17, 2018
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Amazing, absolutely amazing. What a competent, efficient and genuine group of women!! From the office manager to the president of the company, these girls are fierce. It was such a pleasure to walk in and be made to feel comfortable and safe. I never thought I would have this much fun at an appointment regarding student loans...I am grateful to have found this company and feel lucky for their up to date knowledge, honesty and most of all their customer service. I highly recommend them as they got my payments lowered from $620 to $14!!!! Left happy for not only my monthly savings but for the
Mary G.
Jan 10, 2018
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After being LIED to , CHEATED, and wasting over $2000. Finally found a company who actually does what they promise and WITHOUT a scam.
M.K Loans has been the only student loan forgiveness company that has gotten my husband and I $0 monthly statements.
We are kept in the loop monthly if not weekly on the entire process.
We are notified of any political/legality changes, etc.
I thank Mary and the entire M.K Loan for the FAST and UNDERSTANDABLE service.
And for always making sure we UNDERSTAND what is going on in full detail.
M.K Loans has been the only student loan forgiveness company that has gotten my husband and I $0 monthly statements.
We are kept in the loop monthly if not weekly on the entire process.
We are notified of any political/legality changes, etc.
I thank Mary and the entire M.K Loan for the FAST and UNDERSTANDABLE service.
And for always making sure we UNDERSTAND what is going on in full detail.
Anna T.
Jan 06, 2018
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Wow is all I can say! No need to go Anywhere else Mary and her team know what their doing. They do their job quick and always let you know everything that's going on, the staff was wonderful from the minute you walked in Anna the office manager greeted you with a smile on her face. I want to say that Adrian knows her information she's a wonderful counselor. And last but not least jackie thank you for always keeping me up to date on my case. Step by step she informed me everything that was going on with my case. Mary YOU and your staff are amazing. Thank you for all your hard work and
Nazeli M.
Dec 09, 2017
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It was my first time here and I am very satisfied with the services. Mary was very professional and helpful. I had issues with my loan and she was very patient listening to me and then helping me solve it. She explained me what was exactly happening step by step, super fast and easy. Great person to deal with. Thanks for your service
Sophie M.
Sep 11, 2017
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Hayk T.
Sep 07, 2017
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Arpi K.
Aug 10, 2017
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