Get Involved. Sign the Petition Today!

The Department of Education wants to hear from YOU! They have established the Pay As You Earn option that allows Americans to lower their student loan payments to an affordable level. Now, they want to speak to the public to hear where they can continue to help borrowers. Its your chance to speak up for the millions of Americans who are in education debt. Sign the petition, and have your voice count!

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SDC on NBC News

Student Debt Crisis spoke with NBC News about the growing amount of U.S. singles. With student loan debt climbing, it is no surprise that borrowers’ lives are being negatively affected. From purchasing homes and cars, to starting a family, student debt is holding Americans back in more ways than you would expect!

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Student Loan Debt Curbs Housing Market by $83 billion

440,000- That’s how many home sales will not happen this year because of high levels of student loan debt, according to a report from John Burns Consulting, an Irvine-based firm that advises home builders. That’s equal to about 8% of all home sales, and enough to dent the housing industry by $83 billion a year.

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Student Debt Crisis on CFPB Annual Report

The Consumer Financial Protection Bureau has released its annual report on student loans. The report stresses the negative impact that unregulated private student loans have had on struggling Americans. Student Debt Crisis supports the CFPB, and will continue to work to defend private and federal borrowers.

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#FlipADistrict

Students, graduates, and the American public deserve better from a member of Congress, and especially the chair of the Education and Workforce Committee. For this reason, we at StudentDebtCrisis.org have nominated Representative John Kline for Bill Maher’s “Flip a District” campaign, which aims to find the worst representative in the country and oust them from office.

A Closer Look

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In The News

Latest Articles on The Student Debt Crisis

A Guide To Paying Off Your Student Loans

It’s that dreaded time of year for recent graduates: the end of the six-month grace period on student loans. Whether you owe $5,000 or $50,000, having a handle on your education debt will help you avoid fees, keep your payments affordable and safeguard your credit... read more

SDC on HBO’s Real Time with Bill Maher

StudentDebtCrisis.org is in the news again! This week, we were privileged to work further with HBO’s Real Time with Bill Maher on their continued efforts to #FlipADistrict. Student debt reform and predatory for-profit colleges have become headline news, and Real... read more

Real Life Student Debt Stories

Straight from those whose lives have been affected by the weight of student debt.

 

For those who don’t want to take action, go ahead. Go right ahead… In my opinion, I’d much rather find a way to ease the debt or die trying then to live life everyday knowing that I’ll keep owing money to a corrupt state of affairs.

Drew

I graduated in 2007 with $108,000 and today it has ballooned to $145,00 (50k is federal, 95k is private). Over the past 7 years I have paid over $40,000 towards these loans with none of it touching the principal.

Jennifer

I owed about 40k in student loans about half private half federal. Due to times of unemployment or underemployment I now owe about 50k. I have had times of making serious payments, but it never got me ahead of any of it.

Alexander