Managing Social Work Student Debt: What You Need to Know in 2022

8/18/2022

Event Details

Managing Social Work Student Debt: What You Need to Know in 2022 Thursday, August 18, 2022 6-7:30pm EST Register at   https://us02web.zoom.us/meeting/register/tZcqdOuvrjgtGtJ3nH21V7pJL3PRcd-ZwxoA Free for all! Student loan debt is a burden for social workers. More than 80% of BSW and MSW graduates carry loan debt, according to the Council on Social Work Education. Managing your student loans as a social worker comes with unique challenges. Many social workers have both undergraduate and post-graduate education, leading to more debt than for many other professionals. And a high percentage of social workers are employed in the public sector or in non-profit agencies. While this can often mean lower salaries than in the private sector, it also means potential benefits from the federal government for student loan repayment. This student series webinar will to provide up to date information from our partner SAVI on how you can lower your student loan payments and possibly qualify to have part of your student debt forgiven. Join us on Zoom on Thursday, August 18, 2022 from 6-7:30pm EST. NASW advocates for loan forgiveness for social workers as part of our ongoing work to improve working conditions and salaries, to support social work professionals and to ensure that consumers have continued access to qualified professionals. NASW has now partnered with Savi, a student loan technology company, to provide our members with access to resources and expertise to better understand, manage, and repay student loan debt. The Savi Student Loan Tool analyzes repayment and forgiveness programs to help borrowers make better decisions and determine the best solution, and can also provide digital enrollment and re-enrollment each year. Members can select a free account to explore options at no cost, or choose a member-discounted premium account to get help enrolling and submitting application paperwork directly to loan servicers, and access one-on-one support with student loan experts. According to Savi, users have a projected average savings of $2,064 a year, and save hours in paperwork and anxiety.   Click here to learn more about student loan resources.