Teacher Loan Forgiveness is a federal program designed to help teachers reduce their student loan debt. Eligible teachers can have a portion of their Federal Direct Loans forgiven after working in low-income schools for five consecutive years. This program aims to encourage educators to serve in areas that need them the most. To qualify, teachers must meet specific criteria, including holding a valid teaching license and working full-time in a qualifying school. The amount forgiven can be up to $17,500, depending on the subject taught and the type of loans held. This initiative supports both teachers and underserved communities.