Though the University of Phoenix loan forgiveness is a great opportunity, it is not available to all borrowers. You can apply to other federal forgiveness programs, such as discharge or Borrowers' Defense to Repayment. If you are still not eligible, it is better to give up on ideas like forgiveness and try to make your debt more manageable. Consolidation, refinancing, or federal repayment plans can help decrease the interests so that a debtor can repay the obligation.