The cost of college increased tenfold since the 1970s. Meanwhile, the top 1% graduate debt-free and politicians continue to choose corporate tax breaks over funding for higher education.
Having college debt could mean having to put off saving for your own child’s college because you’re still paying for your own college debt. Or maybe you are having trouble paying your monthly bills because of a high monthly student loan payment.
That’s where the Public Service Loan Forgiveness (PSLF) program comes into play. Established in 2007, this federal program is designed to encourage individuals to enter and continue to work full time in public sector jobs.
The Department of Education has announced a temporary waiver to PSLF that expands the number of public service workers who are eligible for loan forgiveness.
This temporary waiver will expire Oct. 31, 2022.
If you are a public service worker and have outstanding federal student loans, join us and our partners at the Student Borrower Protection Center (SBPC) for an informational webinar that will walk you through how to qualify for student debt forgiveness under the PSLF program and answer your questions about the temporary waiver. There are several opportunities to participate.
The resources below can help you decrease the burden of student debt by giving you the information you need to find debt-relief and flexible repayment options.
- Click here for AFSCME’s Student Debt Resources page.
- Click here for the Forgive My Student Debt page.
- Click here for the PSLF website.
- Click here for our PSLF FAQ.
