teamus

By April 5, 2014, Congress will vote on whether to cap the amount of direct student loans eligible for the Public Interest Loan Forgiveness program (also known as the Public Service Loan Forgiveness program) to $57,500. Many students and loan recipients that currently work in public service and hope to take advantage of the program’s benefits have direct loans that exceed this limit significantly. However, if 10,000 signatures are collected by the April 5th deadline, then the cap will not be applied automatically and the proposal will be placed for review and reconsideration. Please take the time to sign in to Whitehouse.gov and sign the petition – IT IS A VERY SHORT AND EASY PROCESS TO CREATE AN ACCOUNT AND SIGN. The link to the petition (@Whitehouse.gov) is: https://petitions.whitehouse.gov/petition/retain-public-interest-loan-forgiveness-program-its-current-form-forgiving-all-qualifying-student/wkqnqBCH PLEASE PASS THIS INFORMATION ALONG ON OTHER SCHOOL BOARDS AND SOCIAL MEDIA SITES TO GET THE WORD OUT – THERE ARE ONLY A COUPLE OF WEEKS LEFT!!! For more information about the Public Service Loan Forgiveness program, go to: http://studentaid.ed.gov/repay-loans/forgiveness-cancellation/charts/public-service