Next Equal Justice Works student debt webinar August 27 at 3pm EDT
The following is a message from Equal Justice Works and an announcement about their next student debt webinar.
Relief for Underwater Student Borrowers Act
On July 29, Rep. Mark Pocan (D-WI) and Rep. Frederica Wilson (D-FL) introduced the Relief for Underwater Student Borrowers Act (H.R. 5239). This bill would prevent borrowers who earn forgiveness after 20 or 25 years of consistent repayment in the Income-Based Repayment (IBR) and Pay as You Earn (PAYE) repayment plans from having to pay taxes on the amount forgiven. Millions of borrowers currently face the possibility of having to deal with this potentially devastating tax liability. We urge you to call your Congressperson and Senators to support this bill!
To learn more about IBR, PAYE and Public Service Loan Forgiveness (tax-free forgiveness you earn by working at a wide range of qualifying public service jobs for ten years!) please attend our free webinar, Drowning in Debt! What Law Students & Lawyers Need to Know About Managing Student Debt & Earning Loan Forgiveness, on Wednesday, August 27 from 3:00 PM – 4:00 PM EDT. If you register but cannot attend, you will receive a recording of the webinar you can view anytime.
If you have recently watched one of our webinars, please forward this information on to anyone you think might benefit from it. Our student debt webinars are tailored for law students and lawyers, but the information is accessible and applicable to anyone who needs help managing their student debt.
Equal Justice Works is a 501(c)(3) nonprofit organization dedicated to creating a just society by mobilizing the next generation of lawyers committed to equal justice. To stay up to date, follow us on Twitter (@EJW_org, #studentdebthelp) and on Facebook.
Isaac Bowers
Associate Director, Law School Engagement & Advocacy
Equal Justice Works