America is suffering from a student debt crisis
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.
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.
Forgive My Student Debt
- If you work in the public service, this little-known government program called “Public Service Loan Forgiveness” could allow you to clear your student debt years sooner and at significant discount to other borrowers. http://forgivemystudentdebt.org
Student Loan Borrower Assistance
- A comprehensive resource for borrowers, their families, and advocates representing student loan borrowers. http://www.studentloanborrowerassistance.org/
Tuition Exemption Program
- This is a terrific benefit for current state employees, and a way to avoid racking up that student debt! http://www.washington.edu/students/reg/tuition_exempt.html#eligible
Student Loan Questions: Get Answers
- A FAQ about the different types of student loans, terms and conditions, repayment options, default and delinquency, cancellations, and bankruptcy. http://www.studentloanborrowerassistance.org/start-here/get-answers/
Resource Guide for a Debt-Free Future
- In this Jobs-With-Justice packet you will find: Education Department factsheet; Wall Street factsheet; Description/docs for the income-driven repayment plans; Description/docs for Public Service Loan Forgiveness; Sample letter for private student loan modification; Sample letter for cosigner release.
WFSE CONTACT: Questions? Contact Rod Palmquist at [email protected]
