Many of us have substantial student loan debt arising out of the very high cost of attending law school. Indeed, an alarming number of our colleagues owe in excess of $200,000. That’s like having a mortgage without the house, and it interferes with virtually every aspect of our lives!
We are attempting to obtain, augment and solidify relief in a number of ways:
- co-sponsoring with Local 237 and the National Student Debt Forgiveness Center (“NSDFC”) a counseling program to help members successfully navigate the PSLF program https://nationalstudentdebtforgivenesscenter.com/local-237
- through collective bargaining negotiations;
- CSBA is working with a broad coalition of organizations via the Public Service Loan Forgiveness Coalition, including the Student Borrower Protection Center https://protectborrowers.org, Equal Justice Works http://www.equaljusticeworks.org/student-loan-forgiveness – and numerous medical, educational and other professional organizations around the country – to try to improve the PSLF program, and to convince both houses of Congress and the Biden administration to forgive as much student loan debt as possible!
DO NOW:
If you have not already done so, enroll in an advantageous Income-Driven Repayment plan, verify that your loans are of a nature that are eligible for the PSLF program, and apply for PSLF as soon as possible.