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It's every college graduate's dream — that one day, their student debt can be cancelled.

For some borrowers, this dream can become a reality through programs like Public Service Loan Forgiveness and other career-specific loan forgiveness programs. But the requirements for these programs aren't always the easiest to meet. Thankfully, New York state has many options that may just cancel out your debt. 

California has several state-specific loan forgiveness programs that can help eliminate your student loans. Most of these programs are geared toward medical and healthcare professionals. However, federal student loan forgiveness may be available for California residents who work in other fields. 

If you're banking on student loan forgiveness, we have some seriously bad news: Your chances of getting your loans forgiven through Public Service Loan Forgiveness (PSLF) are slim.

According to recent audit by Government Accountability Office (GAO), the U.S. Department of Education (DOE) has denied 99% of the PSLF applications that came in over the past year. Why all the denials? A mix of reasons, including:

• Borrowers who are not actually eligible for PSLF
• Borrowers who have not yet made 120 qualifying payments
• Borrowers who were on the wrong repayment plan, and
• Errors on applications.

A promise to help you get out of debt or default ... for a fee. A secret student loan forgiveness program you never heard of, but that you magically qualify for. Offers from companies with no website or phone number. Oh, and hurry! This offer is limited-time only. In case you haven't guessed, these are just some of the student loan forgiveness scams you may run into in 2018. Read on for how to spot them. 

Dying for student loan debt relief? Sure, you can put those loans in deferment or forbearance, but both of those options have major drawbacks.

It’s way better just to get your loan forgiven or have someone else pay it off for you. And if you're interested in that (because who isn't?), you've come to the right place. Get ready—this is the largest guide to student loan debt relief we've ever assembled.

Public Service Loan Forgiveness (PSLF) is a federal program that pays off student loans for people who work in public service.

Under this program, public service employees will get their federal loans forgiven after 120 qualifying payments, which usually takes about 10 years.