Making Public Service Loan Forgiveness Work for Us
To date, more than 70,000 additional borrowers have had their debts reduced to $0 under the Public Service Loan Forgiveness (PSLF) temporary expansion. The U.S. Department of Education estimates that 550,000 borrowers with consolidation loans as well as many others could eventually benefit from temporarily expanded eligibility. If you are employed by a U.S. federal (including U.S. military service), state, local, or tribal government, or some non-profit organizations, you might be eligible to have your student loans canceled.
Join the Conversation
NAACP and representatives from the U.S. Department of Education and the White House Initiative on HBCUs discussed recent changes to the Public Service Loan Forgiveness (PSLF) program. Borrowers who qualify for PSLF can have their student loan debt reduced to $0.
This workshop provided accurate updated information about the Public Student Loan Forgiveness program and how it can support borrowers who are African American, or from other historically disenfranchised groups.
Speakers
Canceling student debt would mean that I could be out of immediate danger of garnishment and this could potentially help straighten my credit situation out - which could help me get my life on track.
- Stacie R.
Join the Fight to Cancel Student Debt
There is no plan to close racial wealth gaps that does not include addressing the student debt crisis. Student debt relief is the much-needed policy solution in the midst of this economic crisis.
Sign the Petition$50K & Beyond
Data suggest that cancellation policies beyond $50,000 would benefit all demographics, eliminate racial disparities in student debt, and boost our struggling economy.
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