Originally Posted by ArcherDvr

Here are a couple of links that may be of use to people with FEDERAL student loans. One of the links allows you to apply for an income based repayment program (IBC). The second link allows you to consolidate your student loans into a direct loan, after which you may also apply for an IBC program. Some of those that consolidate may also be able to apply for the “public service loan forgiveness” (PSLF) (i.e. current members of the military, police, fire fighters etc.), which will forgive the remaining student debt after 120 on time payments. Basically, I spent all morning researching and filling mine out and my payments went from a lot, to nothing for the rest of this year, and those $0 payments count towards the 120 payments for the PSLF. Theoretically I could work at CommutAir for the next 10 years and not have to pay any of my student loans back. Well, provided there aren’t any plans in the works to give us some outstanding wages. I’m pretty sure I have the O’bama administration to thank for this. I’m not saying it’s right or wrong, just letting people know it’s there. I hope this enough to get people started, but feel free if you have questions or need something clarified, like I said I’ve been looking at it all morning.
https://studentloans.gov/myDirectLoan/index.action
Direct Consolidation Loans - Welcome!!!

The public service job has to be full time so I don't believe reserves count