[bsw] FW: New Web Site to Assist Borrowers with Student Loan Debt from the NASW website

[Pamela Hammond]

FYI.

Pam

 

 

NASW website: 

The National Consumer Law Center (NCLC) and the Project on Student Debt have developed the Student Loan Borrower Assistance Project <http://www.studentloanborrowerassistance.org/>  that can help loan saddled social workers and other borrowers to find out more information about the recently passed College Cost Reduction and Access Act, among other student loan related issues.

 


Student Loan Forgiveness


The U.S. Department of Education has created a new call center for borrowers to obtain information about the College Cost Reduction Act of 2007 (H.R. 2669). The number for the Federal Student Aid Information Center is (800) 433-3243. The law forgives outstanding education debt for those persons that meet the eligibility requirements. Those that would benefit are employees that have made 120 monthly payments on their loans while serving full-time in social work in public child or family service agencies, government, nonprofit, military, education, and others areas. The loan forgiveness provisions became effective on October 1, 2007. It is important to note that payments made after October 1, 2007 on an existing loan can count towards the 120 payments if the loan meets certain criteria. For more information on the new law visit https://ssl.capwiz.com/socialworkers/issues/alert/?alertid=10355231.

 

 

Let the day dawn in joy.  

Bring only beauty into your heart.  

Let the thoughts of the past be gentle.  

Let the thoughts of the future be bright.  

Allow your mind to become a garden of delights, 

where only the beautiful and bright, 

the joyous and wondrous, 

are allowed in to play.

			

 

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