Governor signs union-sponsored Student Borrower Bill of Rights
Sweeping legislation to protect student loan borrowers
Governor Newsom signed CFT co-sponsored AB 376, the Student Borrower Bill of Rights, on Friday, September 25. This critical piece of legislation will bring much-needed reforms to the student loan market and regulate the private sector companies that service both federal and private student loans for California borrowers.
Governor signs loan forgiveness bill, vetoes paid maternity leave
From the Capitol – On the cusp of good things for part-timers
Budgetarily, it’s been a tough year for winning greater gains for part-timers in Sacramento, but with regard to legislation which CFT succeeded in getting to the governor’s desk, and for legislation already in the wings for next year, part-timers are on the edge of good things.
Student loan forgiveness: Bill aims to help part-time faculty in California
AFT wants to hear from those denied application
Update: AB 463 has passed both the California Senate and Assembly and is currently on the Governor’s desk. He has until October 13 to sign or veto the legislation.
Presently working its way through the Assembly, AB 463, Cervantes, D-Riverside, seeks to make it easier for California part-time community college instructors to gain eligibility for the federal Public Service Loan Forgiveness program.
Loan forgiveness program may bring relief
Last year, Sen. Dick Durbin (D-Illinois) made headlines with his “Adjunct Faculty Loan Fairness Act,” a bill that would have made it much easier for part-time faculty to benefit from the federal Public Service Loan Forgiveness program, designed to encourage graduates to pursue a career in public service by offering loan forgiveness for those working full-time in government or the non-profit sector.
New employees to face reduced retirement benefits
Workers not yet hired will take biggest hit under law passed by legislators with no input from public employee unions
A new law passed in the final hours of the legislative session makes sweeping changes to public employee pensions that impose most of the changes on workers not yet hired, creating a two-tier system in the workplace where two groups of workers doing the same work receive different retirement benefits.
Skyrocketing student debt clouds lives and futures
Documentary reveals human impact of trillion dollar student loan crisis
Watching Default: The Student Loan Documentary, movie viewers feel the emotion when a borrower chokes up talking about how he can’t ask the woman he loves to marry him because he wouldn’t want her to share the burden of his debt.