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From The New York City AFL-CIO Central Labor Council: Many New York Union Members Will Have Student Loans Forgiven By October – ‘Can You?’

Published Monday, August 1, 2022
by The New York City AFL-CIO Central Labor Council
From The New York City AFL-CIO Central Labor Council: Many New York Union Members Will Have Student Loans Forgiven By October – ‘Can You?’

After 14 years with a deeply-flawed system, Organized Labor has advocated for change and we finally have the Public Service Loan Forgiveness (PSLF) Program we need.

Because of a special U.S. Department of Education Program related to the COVID-19 crisis, 250,000 New Yorkers are eligible to have all their student loans erased.

And 5,000 New Yorkers have already had an average of $63,935 forgiven!

But the fix is temporary.

It only lasts until October 31st (2022).

The New York City AFL-CIO Central Labor Council is working alongside the PSLF.nyc Campaign, a coalition of non-profits, government agencies and Labor Unions, to spread the word.

Use the 20 minute Help Tool at StudentAid.gov/PSLF to see if you are eligible for loan forgiveness or visit PSLF.nyc to join a webinar or find one-on-one help.

The PSLF.nyc campaign will host an introductory webinar for borrowers on Tuesday (August 2nd) - as well as one for employers on Thursday (August 4th).

To Directly Access This Labor Announcement, Go To: www.nycclc.org/news/2022-07/many-new-york-union-members-will-have-student-loans-forgiven-october-can-you

 

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