Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

RandySF

(86,405 posts)
Sun Jul 14, 2019, 11:37 PM Jul 2019

The Department of Education has denied 99% of all student loan forgiveness applications. [View all]

Secretary of Education Betsy DeVos is at it again.

She's been flouting a federal law that promises student loan forgiveness to people that go into public service professions, such as firefighters, a police officers, and teachers. But now, the American Federation of Teachers (AFT), which has 1.7 million members, has sued DeVos to force her to obey the law.

The law is the Public Service Loan Forgiveness Program (PSLF). If public service employees make 120 on-time payments in 10 years, the balance of their loan is forgiven. It was signed into law in 2007 under George W. Bush and had bipartisan support. It was meant as an incentive to get people to go into professions where they often don't make enough money to pay off massive loans.

And it worked. Nearly 32 million people are eligible for PSLF. The year 2017 was the first one that people hit the 10-year mark and could apply for the loan forgiveness they'de been promised. By March 2019, 76,002 people had applied. Only 864 were approved, or around 1%.

Now, the teachers have had enough. As the president of the AFT, Randi Weingarten, put it: "Public Service Loan Forgiveness is a right, but Betsy DeVos has turned it into a crapshoot." Weingarten went on to say that DeVos's actions have "blocked [the] path to the middle class" for tens of thousands of people who were relying on loan forgiveness and made all their payments on time and in good faith.

The plaintiffs are teachers and other public service workers who made the required 120 on-time payments, only to be refused loan relief by the Department of Education. The lawsuit alleges that the Department used several techniques, such as miscounting payments or declaring applications incomplete, to deny the applications.


https://shareblue.com/teachers-forced-sue-betsy-devos-blocking-student-loan-forgiveness/

8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»The Department of Educati...