Students can have their federal loans canceled if they follow the rules required by the government. However, to cancel student loan debt, you need to qualify for some “unusual” circumstances or follow a strict program, and few borrowers will be eligible.

Our research, news, ratings, and assessments are scrutinized using strict editorial integrity. Our editorial staff does not receive direction from advertisers on our website or our Partnerships Team. Our company may receive compensation from partners seen on our website. Here's how we make money.