Connecticut offers free webinars on student loan repayment and forgiveness
The state's student loan ombudsperson will host four virtual sessions this fall on federal loan changes, entering repayment, Public Service Loan Forgiveness and options for borrowers leaving the SAVE plan.
Connecticut will hold a series of free online webinars this fall to help residents sort through student loan repayment and forgiveness options as federal loan programs continue to change, Gov. Ned Lamont and state Student Loan Ombudsperson Michelle Jarvis-Lettman said Monday.
The sessions are being run by the Connecticut Office of the Student Loan Ombudsperson with the Student Debt Crisis Center. They are free and open to Connecticut residents, who must register separately for each session and may sign up for more than one.
The first webinar, on changes that took effect July 1, is set for Sept. 23 at noon. A session on entering repayment is scheduled for Oct. 22, one on Public Service Loan Forgiveness for Nov. 5, and one on leaving the SAVE plan and other repayment options for Nov. 19. All four begin at noon. Borrowers can also book one-on-one phone or virtual appointments with the office.
About 521,400 Connecticut residents hold $19.8 billion in federal student loan debt, according to an April report from the state comptroller's office citing U.S. Department of Education data. Borrowers between 25 and 49 account for about $12.6 billion of that, and those 62 and older hold about $2 billion.
"Student loan debt affects Connecticut residents of all ages, and navigating repayment can become even more challenging when federal programs and requirements change," Lamont said.
The ombudsperson's office became a division of the Connecticut Office of Higher Education on July 1. It had previously operated within the state Department of Banking.
This brief was drafted by AI from a public agency press release and published by The New England Signal. Why we use AI for stories like this one.