Union student debt webinars help members navigate options

ith student loan repayments set to resume in October, borrowers across the country continue to have questions about what it means for them and their particular cases. Unions have advocated tirelessly for simplification, reform and expansion of the loan forgiveness programs. And union leaders are committed to keeping members informed.

In a June 30 decision, the U.S. Supreme Court blocked the Biden administration’s one-time student debt relief plan, effectively ending the pandemic-era student loan repayment pause. Student loan interest will resume starting Sept. 1, and payments will be due starting in October. For more information and answers to frequently asked questions, visit StudentAid.gov/DebtRelief.

For assistance with your individual case, members are encouraged to sign up for one of NYSUT’s free online student loan webinars offered in partnership with Cambridge Credit Counseling. Thousands of NYSUT members have already taken advantage of this free union benefit. Through the program, counselors will help you better understand the various student loan repayment options, along with the latest information on Public Service Loan Forgiveness programs.

The webinars feature a live presentation and Q&A session. A Cambridge certified student loan counselor will walk you through the latest updates and help you get on track. Attendees will also receive free access to the Cambridge Student Loan portal, along with the opportunity to schedule one-on-one counseling sessions.

Please note, the recent Supreme Court decision does not impact debt relief initiated through the Public Service Loan Forgiveness program. The PSLF is still available for educators and other public service workers even if you missed the Oct. 31, 2022, deadline to apply for the limited PSLF waiver.

To sign up for a student debt webinar, visit studentloans.nysut.org/webinars.