friend, The Koch network and its agenda of free market economics depends on people taking on student loan debt. Koch and his allies have long pushed to limit the ability of state and federal governments to raise funds for public goods, like public universities, favoring the corporatization and privatization of higher education. The Koch network has worked for years to oppose government subsidized student loans, federal aid to colleges, lowering loan rates – basically, any realistic measure that could make a college education more accessible to millions of students. Now, more students than ever are acquiring loans. We need to do what we can to interrupt the Koch agenda and help those saddled with debt. The Public Service Loan Forgiveness (PSLF) was created in 2007 to alleviate the burden of student debt for dedicated public service workers. The idea was simple: work in public service for 10 years and have your remaining student debt forgiven. Unfortunately, PSLF has been plagued by problems and abuse at every turn, with 98% of borrowers applying for forgiveness being rejected. Because of the program’s failures, some public service workers may not even know this student debt relief is available. Today, hundreds of thousands of teachers, nurses, frontline workers, and other public service professionals face financial uncertainty. Now is the time to tell President Biden and the Department of Education your Public Service Loan Forgiveness story and demand student debt relief. This week, for the first time ever, the U.S. Department of Education is asking for people working in public service to share stories about the need for debt forgiveness. This is a chance to make the case directly to President Biden and Secretary of Education Cardona that Public Service Loan Forgiveness (PSLF) is broken and that only sweeping action to deliver debt relief can right a decade of wrongs by the Department and the student loan industry. Erasing student debt is also a direct intervention to the Koch network's political strategy. The Department’s public inquiry into the PSLF program offers renewed hope for public service workers. For the first time, the federal government is asking those who depend on the program to help decide what comes next. Join us today in calling on President Biden to deliver on his promise to public service workers and provide immediate debt relief. In Solidarity, The Team at UnKoch My Campus |
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