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Student Debt Resources

Student debt

America is suffering from a student debt crisis.

The cost of college increased tenfold since the 1970s. Meanwhile, the top 1% graduate debt-free and politicians continue to choose corporate tax breaks over funding for higher education.

Having college debt could mean having to put off saving for your own child's college because you're still paying for your own college debt. Or maybe you are having trouble paying your monthly bills because of a high monthly student loan payment.
 
The resources below can help you decrease the burden of student debt by giving you the information you need to find debt-relief and flexible repayment options.


Corinthian 100

Government to Forgive Student Loans at Corinthian Colleges

In a move against what he called “the ethics of payday lending” in higher education, Secretary of Education Arne Duncan announced Monday that the Education Department would forgive the federal loans of tens of thousands of students who attended Corinthian Colleges, a for-profit college company that closed and filed for bankruptcy last month, amid widespread charges of fraud.

Forgive My Student Debt

If you work in the public service, this little-known government program called “Public Service Loan Forgiveness” could allow you to clear your student debt years sooner and at significant discount to other borrowers.
http://forgivemystudentdebt.org

Student Loan Borrower Assistance

A comprehensive resource for borrowers, their families, and advocates representing student loan borrowers.
http://www.studentloanborrowerassistance.org/

Student Loan Questions: Get Answers

A FAQ about the different types of student loans, terms and conditions, repayment options, default and delinquency, cancellations, and bankruptcy.
http://www.studentloanborrowerassistance.org/start-here/get-answers/

Questions and Comments About Student Debt

How is student debt affecting you? Tell us »

You can also share your story with the Consumer Finance Protection Bureau by sending them an email.

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