<p>There are also a number of loan forgiveness and incentive programs for teachers that you should look into. These include the federal teacher loan forgiveness program, which forgives up to $5,000 of student loans for anyone who goes into teaching, and up to $17,500 of student loans for anyone who teaches math, science or special education. I believe that this program requires teachers to teach in certain low-income school districts for five years. You should also look into the loan forgiveness and other programs associates with Americorps, as well as the Teach NYC program (<a href="http://schools.nyc.gov/TeachNYC/CurrentEducationStudents/Overview/%5B/url%5D">http://schools.nyc.gov/TeachNYC/CurrentEducationStudents/Overview/</a>) if you are interested in teaching in NYC schools. </p>
<p>I know many teachers who have taken advantage of these and other programs.</p>