Education Secretary Talks About Student Debt Relief
Posted: 11/06/2021 17:02:19 PM
The Secretary of the United States Department of Education, Miguel Cardona, visited Manchester Community College on Thursday to discuss the civil service student loan cancellation program during a panel discussion with several local experts on the affairs of veterans, higher education funding, and quality of life issues in New Hampshire.
The program, launched in 2007, aims to cancel student loans after 10 years of service with a local, state or federal government agency or nonprofit agency serving the public. However, due to a lack of communication regarding the program, approximately 98 percent of applicants were rejected.
Cardona told experts that over the next year, the US Department of Education plans to review rejected debt relief requests and would also help better understand the process for others who may be eligible. to debt relief.
He added that this process would not be possible without the outside support of other federal agencies such as the US Department of Defense, as well as those with direct access to the needs and concerns of those likely to use the program, like the experts on Thursday.
Many experts have expressed frustration with the complexity of the program in the past as well as New Hampshire’s student debt in general. Other suggestions included an expansion of the program to increase an administration of modern works progress as well as public information campaigns to make more people aware of the nuances of the program.
Cardona appreciated the recommendations and he also urged experts to let loved ones know about the one-year window in which rejections would be reviewed, adding that applicants should review the details with their loan officers regarding the rules relating to them. to their specific loans. and the public service student loan program.
Before the panel discussion, Cardona spoke with nursing students from the college. After the panel discussion, Cardona briefly met with several elected officials from New Hampshire.
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