Oakland County residents and county employees with student debt will have the opportunity -beginning NEXT WEEK - to lighten that burden, thanks to a partnership between the county and Savi, a nonprofit that was founded to address the student loan debt crisis.
More than 170,000 Oakland County residents owe an estimated $6 billion in student loan debt that has people struggling to keep up with bills, maintain reasonable credit scores, and plan for the future.
Savi is an organization that provides an easy and straightforward way to see if you are eligible for federal, state, and private programs that provide loan payment reductions or elimination.
Through the partnership, which is supported by the county’s leadership and approved by the Board of Commissioners, the county is picking up the cost of the service, which typically runs $70 a year, for county residents and employees.
Savi will determine if a person is eligible for a whole host of student loan repayment programs and help the individual fill out the paperwork.
The program officially launches on Monday, September 30 at oakgov.com/savi.
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