You’re Not A-Loan: AFT Student Debt Benefits

In response to the Supreme Court’s ruling against the Biden Administration’s plan to cancel $10,000-20,000 in student debt for all federal student loan borrowers, the Department of Education has taken steps to provide 804,000 borrowers with automatic loan forgiveness. 

But there are several updates you need to be aware of.

The COVID-19 pandemic payment pause for student loans ends Aug. 31, 2023, and your last chance to have previously ineligible payments on any federal loans count toward PSLF ends on Dec. 31, 2023. Now is the time to make sure you are prepared for student loan payments to resume and that you’re taking advantage of all available debt-relief options. 

Here are two AFT member benefits you can use right now to prepare yourself: