Managing Student Debt

As a front-line public service worker, you keep our country and economy running, even in these difficult times. Your work means everything to your community, but at times it can be dangerous, adding considerable stress to you and your family.

Register for our AFSCME 65 Webinar: Managing Student Debt!

Public Service Loan Forgiveness (PSLF)

PSLF program is a federal student loan relief program established in 2007 and designed to encourage individuals to enter and continue to work full time in public sector/non-profit jobs. Participation in the program generally requires that the borrower have a federal Direct Loan, be employed by a qualified employer on a full-time basis and make 120 loan payments under a qualifying repayment plan. Upon meeting these requirements, the borrower’s loans are to be forgiven. 

Temporary PSLF Waivers

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.  

Our union played an important role in advocating for these temporary PSLF changes and we don’t want you to miss this opportunity. 

Make sure to check AFSCME International's Student Debt Resources page for resources, information, and updates: https://www.afscme.org/member-resources/student-debt-resources

Resouces & Links

Documents:

Links: 

AFSCME Student Debt Resource Page: https://www.afscme.org/member-resources/student-debt-resources

Contact AFSCME International Student Debt Support: [email protected]

Dept. of Education Student Loan Website: www.studentaid.gov 

Public Service Loan Forgiveness Program Official Page: https://studentaid.gov/pslf/ 

Dept. of Education's "Loan Simulator" to help calculate your loan payments:  https://studentaid.gov/loan-simulator/

More Education Department websites to help figure out your best path forward: StudentLoans.gov/Repaywww.studentloans.gov

Forgive My Student Debt website and resources: forgivemystudentdebt.orgforgivemystudentdebt.org/faq

To report problems with your servicer, contact www.consumerfinance.gov or call 855-411-2372.