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NJ’s Teacher Loan Forgiveness Program Swamped with Applicants in 2025: Is Your Debt Next?

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the staff of the Ridgewood blog

Ridgewood NJ, New Jersey’s Teacher Loan Redemption Program is making waves, wiping out up to $20,000 in student loan debt for nearly 170 public school teachers in 2025 to tackle the state’s crippling teacher shortage. From Paterson to Garfield, educators in high-need subjects are reaping the benefits, but fierce competition and strict rules left 580 applicants in the dust. With applications for the 2025-26 school year now closed, here’s the scoop on this life-changing initiative and how it’s transforming education in NJ!

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