Palomar College Agrees to Take CFPB Pledge

This fall, I was part of a group of part-time faculty members of AFT 6161 who launched a campaign calling on Palomar College to take the Consumer Financial Protection Bureau (CFPB) pledge to inform employees of their student loan repayment options and help them apply for loan forgiveness. We posted a petition on and circulated it among our colleagues. With the support of the Palomar Faculty Federation’s executive board, we then took the issue to the Faculty Senate and the college president, Robert Deegan.

We are thrilled to report that as a result of our efforts, Palomar College has agreed to become the first community college in the country to take the CFPB pledge! By taking this pledge, Palomar can help build awareness of programs that are available to help those campus staff members with high student loan debt relative to their income. In one such program called Public Service Loan Forgiveness, employees who work for 10 years in public service and make 120 qualifying monthly payments can have any remaining federal student loan debt forgiven.

It’s increasingly critical to get public service organizations (including public school districts, police and fire departments, public hospitals, non-profits, and more ) to take the pledge to help their employees explore these flexible repayment options.  It can often be a difficult process to apply for income-driven loan repayment and forgiveness programs, particularly Public Service Loan Forgiveness. Adjunct faculty in particular face unique challenges, because they are typically defined as part-time employees but not hourly workers, making it difficult to prove that we meet the program’s requirement of working an average of 30 hours per week in public service. But employers can help streamline the application process for their employees by helping them with the paperwork, and the CFPB has developed an “Employer’s Guide to Assisting Employees with Student Loan Repayment” as a resource.

The pledge is critical because many workers who could benefit from these programs are unaware of them. For example, the Income Based Repayment Program has enrolled less than 2 million borrowers, despite estimates that millions more are eligible. And seven million borrowers have defaulted on their student loans, despite the presence of such programs. By following Palomar College’s example, other public service organizations can help their employees and build public awareness of the programs available to help borrowers manage their student loan debt.

To start learning about income-driven loan repayment and loan forgiveness now, check out this webinar: It will cover how to enroll in various student loan forgiveness plans, how to reduce your monthly student loan payment, and how to share this information in your workplace with your coworkers and employers.


2 thoughts on “Palomar College Agrees to Take CFPB Pledge

  1. Pingback: Palomar College Agrees to Take CFPB Pledge | AFT On Campus

  2. Hello Ms. Eliot,

    My name is Cristobal Reyes and I am a reporter from the University of Central Florida where I’m covering a Student Labor Action Project chapter protesting for a similar cause, a link to which is the following:

    I wanted to know if you would be open to an interview discussing Palomar College’s experience and the developments that have happened since? If so, please respond to this comment or email me at

    Thank you for your time!


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