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Student Debt Crisis Center

@debtcrisisorg

Student Debt Crisis Center is a national advocacy organization calling for fundamental reforms to student loan policies and an end to the student debt crisis once and for all.

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02.12.2024
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Latest posts by Student Debt Crisis Center @debtcrisisorg

What is your student debt story?
"I can't afford it." - Borrower in PA

You are not alone. This is a reality for millions of Americans with student loans.

06.03.2026 15:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Great news! Some folks have started receiving loan forgiveness discharge notices for various forgiveness programs. Tell us, what would loan forgiveness mean to you? πŸ‘‡

05.03.2026 18:00 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 1

"I have been on income drivenrepayment for many years. If I start having to make payments and they are significantly high, I don't know how I will be able to pay." - Borrower in MI

IDR plans are vital, but the Dept of Education is phasing out most of them. This is not ok.

05.03.2026 15:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Student loan debt shouldn't exist.

05.03.2026 12:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Student Debt Crisis Center (SDCC) & Debt Collective Rapid Response - SAVE Borrowers Due to the rapidly changing legal environment around the SAVE Plan, we want to hear from you! Please answer the questions below and we'll follow up with you ASAP.

If you’re enrolled in SAVE, we urgently need to hear from you. Fill out our form ASAP so we can reach out with next steps.
docs.google.com/forms/d/1_iR...

04.03.2026 19:33 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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GOP States Move To Block Student Loan Forgiveness, Lower Payments Under Contested Plan A group of GOP states filed a new motion to block the SAVE plan again. If approved, it would halt all of its benefits, including student loan forgiveness.

The state of Missouri, along with other states, is fighting to block lower monthly payments & loan forgiveness to Americans who currently qualify. It's truly absurd how far they are willing to go to make financial relief less accessible.

Read more: tinyurl.com/5cfnyh8w

04.03.2026 18:00 πŸ‘ 0 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0

"I am currently being treated for the effects of the cancer treatment and if the SAVE plan goes away I will lose my apartment as I will not be able to afford it." - Borrower in NY

No one should have to stress about student loans while facing health challenges.

04.03.2026 15:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Will I be taxed on my canceled student loan debt? For many who had the good fortune of having their loans canceled in 2025, they may be wondering what that means for their tax return.

Concerned about taxes on student loan forgiveness? Click here to find out more!
thehill.com/homenews/574...

04.03.2026 12:00 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Rapid Response: SAVE Plan Update Last week, a federal court declined to approve a settlement between the Department of Education and the State of Missouri. This means that the SAVE Plan is immediately and fully effective. On Tuesday…

Join our partners TONIGHT (3/3 at 6:30PM ET) for a Rapid Response Call to go over the latest updates on the SAVE Plan: debtcollective.org/event/rapid-...

03.03.2026 16:51 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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We Must End Harmful Default Collections Practices: Hear from Folks in Default and Take Action Amidst the looming student loan changes, new data reflects that Americans with student loan debt are falling behind on payments and entering default more than ever before. Nearly 25% of all student loan borrowers are behind on their payments, with over 5 millionΒ Β already having entered default.

Americans are struggling more than ever & falling behind on their student loan payments. This is part of a growing affordability crisis nationwide. Read the stories of Americans affected by a default cliff:
tinyurl.com/5cpcb9kd

03.03.2026 15:20 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Protect Borrowers on X: "New Blogβ€”Congress may advance legislation that could turbocharge private lending through financial aid policy. @SenateHELP considers their bill TOMORROW w/ troubling changes that could make financial aid award letters free advertising for private lenders. https://t.co/9RtEu9POqC" / X New Blogβ€”Congress may advance legislation that could turbocharge private lending through financial aid policy. @SenateHELP considers their bill TOMORROW w/ troubling changes that could make financial aid award letters free advertising for private lenders. https://t.co/9RtEu9POqC

Congress is working on ways to push more and more Americans into the private student loan market. If you think the crisis is bad now, just wait until these changes take place.

Learn more here: tinyurl.com/bdh8t6wc

03.03.2026 13:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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6 Key Points For Student Loans After Shock Court Decision Preserves Repayment Plan, For Now Here’s what we know about the latest SAVE plan ruling that preserves the plan for now, and what borrowers with impacted student loans should know.

Is SAVE, saved? Read more on what the SAVE settlement dismissal means for the future of the SAVE plan and borrowers.

www.forbes.com/sites/adammi...

03.03.2026 01:20 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 2
Post image Post image Post image Post image

⚠️ Today, March 2nd, is the DEADLINE to submit a public comment OPPOSING a proposed rule that would make student loan repayment more expensive and higher education less accessible. Please take a moment to submit a comment now: tr.ee/rbI3BU87_3

02.03.2026 17:34 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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We Must End Harmful Default Collections Practices: Hear from Folks in Default and Take Action Amidst the looming student loan changes, new data reflects that Americans with student loan debt are falling behind on payments and entering default more than ever before. Nearly 25% of all student loan borrowers are behind on their payments, with over 5 millionΒ Β already having entered default.

Today is the LAST DAY to submit a public comment opposing the major overhaul to the student debt system. If you're against unaffordable repayment, lending limits that result in private loans, and chaos & confusion, take action now:
tinyurl.com/mw6tzsyv

02.03.2026 16:45 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

⚠️ Attention Parent Plus loan holders! To access income-driven repayment plans, you must consolidate your loans (if you haven't already). Otherwise, you're stuck with the Standard Plan, which can be tough to manage.

27.02.2026 23:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Student Loans In SAVE Plan Thrust Into New Uncertainty After Major Court Ruling A federal court on Friday injected new uncertainty into the years-long legal battle over the future of the SAVE plan, a popular repayment plan for federal student loans.

BREAKING NEWS: The settlement to end the SAVE plan was denied by the courts. Read more here about what this means for borrowers enrolled in SAVE.
www.forbes.com/sites/adammi...

27.02.2026 22:00 πŸ‘ 3 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0

"I'm taking money away from necessities due to the enormous increase in living expenses." - Borrower in Pennsylvania

This is the reality for folks trying to keep up with student loan payments and other bills, but it doesn't have to be this way. We need real student debt relief.

27.02.2026 18:00 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0

ICYMI - Collections on borrowers with defaulted student loans are still temporarily paused, meaning no wage garnishment and tax refund offset.

27.02.2026 15:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Student Loan Debt Statistics [2026]: Average + Total Debt Find student loan debt statistics, including the national debt balance, average individual balance, and annual growth rates.

There's $1.83 trillion in student loan debt in the U.S. This is not normal.

See the latest figures here: educationdata.org/student-loan...

26.02.2026 21:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

"The interest, penalties and fees have doubled my original principal amount, causing my loans to coast further out of reach in terms of repayment. This is the actual reality." - Borrower in New York

26.02.2026 18:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

It’s tax season, and millions of Americans shouldn’t have to choose whether to use their refunds to meet their basic necessities or make a student loan payment.

Americans are struggling and need immediate relief.

26.02.2026 15:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Your guide to student loans, student loan forgiveness and student loan refinance - Yahoo Finance Latest information on student loans

The default cliff is here. Read this article to know what you need to do if you are behind on your student loan payments:
finance.yahoo.com/personal-fin...

25.02.2026 21:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Together, we will keep fighting for a future where tuition is debt-free, and no one has student debt.

25.02.2026 19:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

"I am a single mom to a young child, working as a special education teacher and I barely make ends meet each paycheck. I have loans in forbearance because I simply do not have the money." -Borrower in Pennsylvania

25.02.2026 18:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Federal loan cap on grad students threatens to worsen nursing shortage The U.S. nursing shortage would worsen under a plan to cap federal student loans, a move the Department of Education said would drop tuition rates.

Loan caps aren't the solution. They limit access to education for those who can't afford private loans, leading to shortages in vital fields like nursing.

Read more here: www.detroitnews.com/story/news/e... #Education #NursingShortage

24.02.2026 21:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

"The education that I received, I wasn't able to complete. I owed $32,000, my husband owes $42,000. Our income (low) & debt (high) is the opposite of what we want. We are just surviving, for now." -Borrower in Ohio

24.02.2026 18:00 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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The Trump admin is discussing a sale of your federal student loans to private lenders Critics worry about what forgiveness and repayment options borrowers may have if federal student loans are sold to private lenders.

🚨 NEW: The Trump admin is considering selling the federal student loan portfolio. Privatizing loans would push millions of Americans into the predatory private loan sector and put repayment history in limbo. We cannot let this happen!

Read more: www.yahoo.com/news/article...

24.02.2026 17:10 πŸ‘ 10 πŸ” 5 πŸ’¬ 0 πŸ“Œ 5

A degree should not have the same 30-year repayment term as a mortgage. Longer repayment terms trap borrowers in long-term debt, creating greater financial strain.

24.02.2026 12:40 πŸ‘ 3 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0

Every day, our hard-earned dollars lose value due to the affordability crisis. No one should be forced into an expensive and punitive student loan system.

23.02.2026 23:20 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Parents with student loans have a short window to secure affordable repayment and forgiveness Parents with student debt may be excluded from affordable repayment plans and loan forgiveness in the coming months if they don't take certain steps soon.

Parent Plus borrowers with unconsolidated loans need to act fast if they want to retain access to Income-Driven Repayment plans.

Read more here: www.cnbc.com/2026/02/16/s...

23.02.2026 21:00 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0