Cradle to grave: Student debt now bankrupting seniors

Cradle to grave: Student debt now bankrupting seniors

As if aging in America isn’t hard enough these days, a new government report has uncovered that seniors are facing yet another barrier to a secure retirement: their student debt. Once thought to be a young person’s issue, new data released by the Government...
SDC’s Statement on Student Aid Bill of Rights

SDC’s Statement on Student Aid Bill of Rights

FOR IMMEDIATE RELEASE March 10th, 2015 CONTACT: Natalia Abrams Phone: 310-365-1069 Email: natalia@studentdebtcrisis.org Student Debt Crisis’ Statement on President Obama’s Student Aid Bill of Rights Today at Georgia Tech University in Atlanta, President Obama...
The Student Loan Crisis is Really 2 Crises

The Student Loan Crisis is Really 2 Crises

This chart, from the New York Fed’s recent look into student loans, shows two entirely different stories about how student loans are affecting young people. On the left, the two cohorts with relatively small balances, below $10,000, have big problems with...
How Student Debt Stunts Financial Growth

How Student Debt Stunts Financial Growth

There was a time when conventional wisdom said that student debt is not a problem in and of itself—rather, “high” debt of $100,000 or more is the more pressing concern. A recent report from the Federal Reserve Bank of New York highlights just how out of touch that...