Student Debt Crisis Center

@debtcrisisorg.bsky.social

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.

Defaulting on student loans has real-life consequences: difficulty accessing other loans, damaged credit scores, and the possibility of wage garnishment. 9.5 million Americans are fighting this systemic injustice when it should be zero. amp.dw.com/en/why-95-mi...

Why 9.5 million US Americans are defaulting on student loans

After a pandemic-era pause that allowed most federal borrowers to stop making payments for more than three years, millions are struggling to adjust to life with student loan bills once again.

amp.dw.com

OBBBA changes to student loans mean less options for borrowers -- significantly increasing the chances of defaulting. Read more below on the risk to Social Security new student loan regulations are creating. www.newsweek.com/how-trumps-n...

How Trump's New Student Loan Rules Could Hurt Social Security Recipients

Several new changes to the federal student loan system could create risks for borrowers who rely on Social Security benefits.

newsweek.com

"I am now 79, somewhat mobility-challenged, and still in need of work... I have no credit because of this loan, which is in serious arrears, at this point. I never will be able to repay this loan. I need to have this loan discharged without penalty." - Borrower from Massachusetts

"My student loan stress has caused me medical issues, endless worry, left me to put off having children and not maximize my education and/or professional opportunities due to being tied to having to comply with all the PSLF requirements and tumultuous changes." - Florida Borrower