Press Release

eLearners.com Offers Comprehensive List of Loan Forgiveness Programs

Loan Forgiveness Programs Rescue Student Debt Amid Credit Crisis
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Posted 01 December 2008 @ 01:34 pm ET

HOBOKEN, NJ -- (Marketwire) -- 12/01/08 -- As the recession causes cutbacks across thenation, many working adults are now ducking corporate downsizing byreturning to school. A recent survey of visitors to eLearners.com, a webresource of EducationDynamics, found that 42 percent of onlineeducation-seekers plan to take out a loan to pay for this return to studentstatus. Amid economic uncertainty, many of these new learners may wonderhow they'll pay back their debt in the future. Loan forgiveness andrepayment programs, offered by employers in specific need-basedoccupations, may be the answer. In its Debt-Free College Guide, located athttp://debtfree.elearners.com/, eLearners offers the most comprehensiveguide to these types of programs on the Internet.

"It's hard for people to think about going back to school for a careerchange when it's a challenge to figure out how to pay for it," saidTerrence Thomas, Executive Vice President of Marketing for eLearners.com,which connects prospective students with online learning providers. "Manypeople aren't even aware that loan forgiveness programs exist. With theright career move, many of these types of programs can cover the cost of aneducation."

Loan forgiveness and repayment programs are generally designed to encouragestudents to pursue educational goals that will lead to employment in anumber of need-based occupations, such as working for volunteerorganizations, practicing law with low income residents, working in federalor state government, teaching or practicing medicine. In exchange forservice 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 toeLearners.com can search for loan forgiveness and repayment programs bystate, with tailored results customized to their search.

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

The Debt-Free College Guide is part of eLearners.com's Student Loansand Financial Aid Center. eLearners.com has also introduced suchinnovations as the eLearners Advisor, an assessment that through a seriesof targeted questions ranging from technology access and skills, topersonal motivation and learning styles, helps prospective elearnersdetermine if online learning is right for them.

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

About eLearners.com®

The eLearners.com website is one of several high visibility, high-qualityprospecting tools offered by EducationDynamics. Since 1999, eLearners.comhas been successfully connecting learners to online education, including online degree and certificateprograms, specialized career training, and a variety of online courses.For prospective students, eLearners.com provides a powerful search enginefor users to find thousands of online program offerings, as well aseducational evaluation tools and financial aid resources. For colleges anduniversities, the eLearners.com website offers a low-cost,performance-based method to provide national exposure and increaseenrollments in their programs. For more information on eLearners.com, visithttp://www.eLearners.com.

About EducationDynamics

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

Contact:Jenny FoustCSG-PRjfoust@csg-pr.com(303) 433-7020(720) 244-4268


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