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Trump considers replacing Pete Hegseth, his embattled defense secretary pick, with Ron DeSantis; More support needed for over half-million WI family caregivers; Free, unbiased health insurance help available for Ohioans; Fungi help MS farmers unlock 'secrets' of healthy soil.

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GOP Senators voice reservations about Kash Patel, Trump's FBI pick. President Biden continues to face scrutiny over pardoning his son. And GOP House members gear up for tough budget fights, possibly targeting important programs.

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Residents in Colorado's rural communities face challenges to recycling, climate change and Oregon's megadrought are worrying firefighters, and a farm advocacy group says corporate greed is behind high food prices in Montana.

Total Student Debt Cancellation Possible for MT Nonprofit Workers

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Wednesday, August 31, 2022   

The Biden administration made a big announcement canceling student debt last week, but another program could be just as impactful for workers at nonprofit employers in Montana and elsewhere.

The Public Student Loan Forgiveness program erases debt for public service employees and those working at 501(c) 3 nonprofits after they have made at least 10 years of payments.

Tylyn Newcomb, membership manager for the Montana Nonprofit Association, explained the importance of the plan.

"For anyone working in public service, this program goes above and beyond the recently announced $10,000 or $20,000 loan forgiveness," Newcomb emphasized. "This has the potential to forgive all of your student loans, if you've been able to make 120 payments under the program."

A waiver put in place last year makes it easier to qualify for the program. Historically, it has been hard to meet the program's requirements. Between 2007 and 2019, only 1% of people who applied qualified. The deadline to apply under the simplified waiver process is Oct. 31.

Newcomb noted the program was set up with the acknowledgment people in the public and nonprofit sector tend to make less money than those in the private sector. She contended the Public Student Loan Forgiveness program is a way of showing appreciation for these workers.

"This has the opportunity to really lighten the burden of a lot of public service workers through loan forgiveness," Newcomb asserted. "And allow them to continue their employment in the public service sector."

Newcomb added there have been cases of people who made more than 120 qualified payments receiving refunds. The U.S. Department of Education said it has approved more than $10 billion dollars in debt relief for more than 175,000 Americans since the streamlined waiver was put in place 10 months ago.

Disclosure: The Montana Nonprofit Association contributes to our fund for reporting on Civil Rights, Environment, Health Issues, and Social Justice. If you would like to help support news in the public interest, click here.


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