Learn how to lower your student debt at a AFT student Debt Clinic
Over 40 million people in the United States are carrying debt from student loans worth $1.3 trillion, an average of over $30,000 a borrower. Many people struggle with making their monthly payments, while others worry that this debt will follow them throughout their life. The weight of this debt is having a massive impact on our personal and national economic well-being: people are putting off buying a home or starting a family, and money that could be spent on goods and services that could spur economic growth are going to service the debt accrued while financing an increasingly expensive college education. Further, student debt has a more profound impact upon communities of color and women.
However, the federal government has free programs available that can help many student loan borrowers lower their monthly payments and, in some cases, even have their debt forgiven. Unfortunately, these programs are not well known, and can be somewhat confusing – opening a space for scammers who charge borrowers to enroll in free programs.
The AFT recognizes that these programs can help a huge number of our members and their families. To that end, we are rolling out Student Debt Clinics, developed with the help of Jobs with Justice, to provide people with the information they need to enroll in income-driven student loan repayment programs and Public Service Loan Forgiveness.
Register here for a Student Debt Clinic in San Francisco on Wednesday 1/25/17 at San Francisco City College, Downtown campus.