skip to main content
skip to newscasts

Saturday, May 18, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

4 dead as severe storms hit Houston, TX; Election Protection Program eases access to voting information; surge in solar installations eases energy costs for Missourians; IN makes a splash for Safe Boating Week.

view newscast page
play newscast audioPlay

The Supreme Court rules funding for the Consumer Financial Protection Bureau is okay, election deniers hold key voting oversight positions in swing states, and North Carolina lawmakers vote to ban people from wearing masks in public.

view newscast page
play newscast audioPlay

Americans are buying up rubber ducks ahead of Memorial Day, Nebraskans who want residential solar have a new lifeline, seven community colleges are working to provide students with a better experience, and Mississippi's "Big Muddy" gets restoration help.

Total Student Debt Cancellation Possible for MT Nonprofit Workers

play audio
Play

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.


get more stories like this via email
more stories
About 7.4 million adults take insulin, a hormone regulating glucose and used to treat diabetes patients. (Adobe Stock)

Health and Wellness

play sound

More than 1 million people in North Carolina are diabetic and they have become increasingly worried about the national shortage of insulin. The …


Environment

play sound

Missouri homes and businesses have installed enough solar energy to power 68,000 homes each year. A new report released by the Solar Energy …

Social Issues

play sound

Workforce watchers project the country could face critical worker shortages in many of the skilled trades in coming years. The Nebraska Winnebago …


If power grid operators cannot change the interconnection process in time, data show around 80% of the emissions reductions expected from the Inflation Reduction Act might not happen. (Adobe Stock)

Environment

play sound

A new rule from the Federal Energy Regulatory Commission could improve Virginia's electric grid transmission capacity. It requires utilities and …

Social Issues

play sound

Surrounded by states banning nearly all abortions, its legalization in New Mexico has made the state a top place to travel for the procedure and a …

Ohio became the 24th state to legalize recreational marijuana in November 2023. (Konstiantyn Zapylaie/Adobe Stock)

Social Issues

play sound

This week, Ohio approved adult-use marijuana sales as part of a 2023 ballot measure, with sales anticipated to start mid-June. Ohioans age 21 and …

Social Issues

play sound

The Nevada state primary is coming up June 11 and one voting-rights group wants to make sure all Nevadans have the information they need to make their…

Social Issues

play sound

The Beaverton School District is blazing a trail in early education through bilingual learning labs, which emphasize playful inquiry and habits of …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021