Right after the term of your strategy -- generally 20 to 25 years -- your loan balance is forgiven. http://el.thefreedictionary.com/_/cite.aspx?url=http%3a%2f%2foutofthepublicsquare.com%2F%EA%B0%9C%EC%9D%B8%EB%8F%88%EB%8C%80%EC%B6%9C-%EC%89%BD%EA%B3%A0-%EB%B9%A0%EB%A5%B4%EA%B2%8C-%EA%B8%88%EC%9C%B5-%EB%AC%B8%EC%A0%9C-%ED%95%B4%EA%B2%B0%ED%95%98%EA%B8%B0%2F&word=%CE%B5%CE%BD%CE%B8%CE%BF%CF%85%CF%83%CE%B9%CE%B1%CF%83%CE%BC%CE%AD%CE%BDo&sources=kdict