Millions of hardworking Americans carry the burden of student loans. A lifetime of payments should not be the requirement for an education.
Posts by Student Debt Crisis Center
"And without pay-as-you-earn to rely on, eventually I'm going to be hounded to pay a debt that I currently CAN'T and won't be able to until I find employment -- whenever that may be." - Borrower from Washington
As the federal student loan landscape evolves rapidly, application backlogs are on the rise, leaving many borrowers in uncertainty. Read below for more information on the growing backlog at ED ๐
www.forbes.com/sites/adammi...
As long as college isn't free, true equal opportunity to higher education won't exist.
If students canโt afford to live, they canโt afford to learn.
"I'm not in these programs for a free ride but merely a way to try and survive. When I went to law school full of dreams of saving the world in my early 20s, I was not counseled appropriately by the school about the fact that these loans would be soul crushing." - Anon Borrower
Read below for more information about the return of the Student Loan Forgiveness Tracker ๐
www.forbes.com/sites/adammi...
Eliminate the equity gap and cancel student debt now.
"Laid off my job in December and have been actively looking for work. Barely being able to pay my current expenses. Age 61 with two autoimmune conditions, diabetes, and more. Lots of medical expenses." - Borrower from Pennsylvania
"I simply cannot afford that. I am financially helping my aging parents as they have experienced some income issues. I am carrying my household as well as theirs." - Borrower from New York
Lawmakers consistently turn a blind eye to the struggles of their constituents carrying student debt. We need legislators to address the student debt crisis immediately.
"Although I was eligible for President Biden's waiver program PSLF, my employer would not certify my status as I am on Worker's Comp, then they would not do so again under the PSLF program." - Borrower from Pennsylvania
We are living in an affordability crisis. Canceling student debt is an important step in relieving Americans of a financial burden unjustly imposed upon them.
Student loans shouldn't exist in America.
Private student loans offer no pathway to forgiveness, fewer protections, and no repayment plans. This is why protecting affordable federal student loan programs is urgent.
"If my payments were taken off from income based repayments it could mean the difference between being able to afford a reliable vehicle, pay my mortgage, utilities and put food on the table for my children." - Borrower from New York
Americans are living paycheck to paycheck and the system expects them to keep up with rapidly increasing student loan payments on top of that. It's not just inequitable, it's unjust.
Got an unconsolidated Parent PLUS loan? Consider consolidating as soon as possible to keep access to Income Driven Repayment plans after July 1, 2026! ๐
Public Service Loan Forgiveness (PSLF) supports hard working Americans in nonprofits and government by providing a pathway to loan forgiveness. Limiting access to these programs will only hurt public servants in hospitals, schools, and community organizations.
"I have been working toward PSLF for over 9.5 years. I have also been paying on my loans. MOHELA put me on the SAVE plan without asking me and now my time/payments are not counting toward PSLF." - Borrower from North Carolina
Tax Day is here! ๐๏ธ Let's lighten the load for millions by making student debt cancellation tax-free.
Weekly reminder that student debt cancelation is possible when we work together.
Higher education access is an equity issue. When students are priced out of an education, everyone loses.
"I am 57 years old, raised 3 children alone, survived cancer, have never defaulted on any loan, and have done my years of service and have earned PSLF, but cannot get it due to the court situation." - Borrower from Missouri
Switching to an alternative income-driven repayment plan? Check out more details about the new Repayment Assistance Plan, or RAP โฌ
www.forbes.com/sites/adammi...
Considering taking out a new student loan on or after July 1, 2026? ๐ Check out our tips and tricks to stay informed and get ready for the upcoming federal changes to student loans!
Federal student loans should be helping students finance their education. Instead, the system is keeping Americans trapped in a lifetime of debt. #CancelStudentDebt
$1.7 trillion of student loan debt is not an individual failure. The system is broken and we must fix it immediately.
"I am single, do not have a Bachelorโs degree and make less than $60k. Also, with inflation, and now tariffs, I have had to incur some credit card debt, so this will impact me significantly." - Borrower from Michigan