Protecting student loan cancellation as CPS lags on employment verification
Dear CTU Family:
As you know, the deadline for federal student loan relief is October 31st – yet we keep getting reports that CPS is jeopardizing loan forgiveness because their talent department is taking 72 hours or more. to process Loan Forgiveness Verification Forms – when they answer all. Although some directors have already signed these forms, until today CPS legal counsel had insisted that members should continue to rely on Talent to process these forms.
It’s not enough – and because we’ve been pushing the CPS for weeks as we approach this critical deadline, we’re finally getting a breakthrough from a bureaucracy that’s terrible at serving its stakeholders.
This morning we got the response from the CPS, which clearly stated that principals will be able to approve employment verification, provided they are able to confirm teachers’ lengths of service. CPS also said the Talent Office will send a notice to all staff reminding them of the deadlines and will be prepared to process any submissions that cannot be approved at the school level.
It remains a frustrating process, one in which we continue to push CPS to improve, especially when millions of dollars in student loan relief may be jeopardized by the chronic bureaucratic loopholes of our school district’s mismanagement. by Mayor Lightfoot.
Click here for more information on Civil Service Loan Cancellation – and let your manager know they can sign your employment verification form, by the CEO of CPS, for this vital student loan relief.
Remember, as a public worker, all of your student debt could be forgiven, but you MUST take action by October 31, 2022. More than 200,000 student borrowers have used the waiver to date and got about $13 billion in loan forgiveness — but sadly, that’s only about half of those estimated to be eligible..
As we’ve noted in previous emails, the PSLF waiver was transformative for public school educators, who were promised that their student loans would be forgiven if they stayed in the public service for ten years. Loan forgiveness allows our grassroots members to buy a home, start a family, or send a child to college. You deserve this loan forgiveness for all you do for our students and our families.
Apply to the PSLF before October 31! Visit www.aft.org/pslf to find out how to apply for a PSLF using the FSA’s PSLF help tool before October 31. This same information and instructions (but in a slightly different and more detailed form) plus additional updates as they arrive may also be available at www.forgivemystudentdebt.org. From Saturday October 22 to Monday October 31, AFT is hosting student loan clinics at least once a day. People can register at this link.
Chicago Teachers Union