“Borrowers expect the newly elected Congress to address the student debt crisis...The 120th Congress has an opportunity and a responsibility to fulfill their promises of affordability" - Natalia Abrams, SDCC President
forbes.com/sites/adamminsky/…
Student loan borrowers in default can lose part of every paycheck and their tax refund. The money disappears before they can use it to catch up.
"I have done 6 years of public service and have only gotten credit for 2. It’s disheartening." - Anonymous Borrower
A tax refund is how many families catch up on rent or fix the car. Student loan borrowers in default can see theirs taken, and it shouldn't be the case.
A new legal filing in Havens v. Department of Education is pressing the Dept. for clarity on its transition of millions of borrowers off of the Biden-era SAVE Plan.
businessinsider.com/student-…
It's borrowers' turn to speak up for what we want to see from the 120th Congress.
What student debt priorities do you want the 120th Congress to work on?
actionnetwork.org/forms/tell…
Sign our petition demanding student debt be a day one priority!
actionnetwork.org/petitions/…
The 120th Congress was elected, and now it's time to set priorities. Sign our petition telling lawmakers to prioritize student debt in the upcoming session.
actionnetwork.org/petitions/…
Student debt has historically concentrated among high earners. Now, the burden is shifting to families with lower financial capacity, with less cushion in their budgets as they age.
247wallst.com/personal-finan…
"The SAVE plan was extremely helpful for me. My payments are high for me based on other bills I have. If my payments were cut in half it would be more manageable. I don’t mind paying my loans back but I feel like they don’t take into consideration other bills" - Anon Borrower
Americans are struggling to afford their monthly bills. Based on a recent analysis, 23.5% of Americans with a credit history have debt in collections. Read more below.
businessinsider.com/american…
Whatever happened on the ballot, the student debt payment still comes out every month. Borrowers deserve relief, and we’ll keep pushing for it.
Last week, a group of Democratic lawmakers wrote a letter to Sec. McMahon urging the Department of Education to address concerns from state ombudspersons about federal student loans. The response deadline is Nov 18th.
forbes.com/sites/adamminsky/…
Borrowers have been paying for years. Cancel student debt and let that money go back into their households.
"I chose public service knowing I could have earned more in the private sector because I believed serving my community mattered...I should be 8 years into a 10-year path toward forgiveness. Instead, I am facing a student loan payment increase of more than 566%." - Anon Borrower
Federal funding expires Dec. 11th, and Congress must past a full-year spending bill or another continuing resolution by that date. Federal student loan payments continue to be due during government shutdowns.
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Student loan oversight is coming. Democrats are releasing their priorities for the 120th Congress, and oversight of the Department of Education was high on the list. Read more below.
businessinsider.com/new-era-…
"I’m all for repaying debt, but I’m also for loan forgiveness if someone has been faithful in making the required number of payments under IBR or ICR" - Anonymous Borrower








