Economic hardship deferment: in or out?

The economic hardship deferment (EHD) program will continue until fall 2008, following a Department of Education announcement on November 1. The Department of Education will make its final decision on the status of EHD next fall. For now, eligible medical residents and other borrowers with high debt and low to moderate income can enter deferment until fall 2008. The reinstated EHD program also qualifies more students for deferment.

You can find out more about the latest EHD developments from American Medical News.

Are there any deferments or forgiveness programs for students working in the public, higher education sector. I work for a community college and just completed a master's degree. My loans are almost as much as I make yearly