Student Loan Resource Guide


Am I eligible?

If you work in public service, a little-known government program called “Public Service Loan Forgiveness”could allow you to have all of your direct federal student loans forgiven, tax-free. Public Service Loan Forgiveness (PSLF) isn’t a payment plan; it’s a separate program that incentivizes a career in the public service.

To qualify for the program, you need to make 10 years of qualifying on-time payments (120 in total) toward your federal student debt. You must be working in public service at least 30 hours a week (you can combine multiple part-time jobs to meet this requirement) beginning after October 1, 2007. After you make your 120th on-time payment, the U.S. Department of Education forgives your remaining federal student loan debt. Many people using PSLF are also enrolled in an income-driven repayment plan to reduce their monthly payments until their debt is forgiven.

Click here for information on how to apply and fill out the form here.

See below to download or print our Student Loan Resource Guide.

Student Loan Wage Garnishment

If you don’t make your loan payments, you risk going into default. One of the consequences of such default is something that is known as wage garnishment.

Under the Higher Education Act, the US Department of Education and other what the Department calls “guaranty agencies” (those loan shark type companies like Sallie Mae and Navient you may have heard about) may require employers of individuals who have defaulted on the repayment of a student loan to deduct 15% of their employee’s disposable pay per pay period toward repayment of the debt. In addition, the Debt Collection Improvement Act of 1996 permits the Department to garnish up to 15% of disposable pay. This wage garnishment may continue until the entire balance of the outstanding loan is paid off.

It has come to our attention that this could be a problem for some of our members, so we would like to clarify to any members who may find themselves in this situation that they have 30 days to appeal this process

See general information from the Department of Education on your rights and appeal processes when defaulting on your loan.