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Student Debt Crisis Center

@debtcrisisorg.bsky.social
207 followers 2 following 1.3K posts

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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Student Debt Crisis Center @debtcrisisorg.bsky.social · 4h
As the deadline passed on September 29th for the first group of borrowers to exit the SAVE Plan, errors and glitches persist in the federal student loan system. Read more below. www.businessinsider.com/student-loan...
businessinsider.com
Student-loan borrowers face a major deadline for switching repayment plans this week
The deadline for the first batch of student-loan borrowers to transition off SAVE is this week. Some are having issues selecting a new plan.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 6h
"Students loans should be 0% interest from the DOE. The only expense will be the program that the government already pays. If my payment increases, it could bankrupt me and my husband." - Borrower from Pennsylvania
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 15h
📣 The Department of Education announced yesterday that the deadline for borrowers to receive an interest rate reduction on their student loans is now extended to Dec. 31, 2026. Check out the details below. www.investopedia.com/education-de...
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 16h
The deadline for borrowers enrolled in SAVE to exit the plan is rolling, but for some folks, their deadline was September 29th. To explore your repayment options and learn how to exit, keep reading below. ⬇️ www.investopedia.com/the-deadline...
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 22h
Many borrowers can't work any harder. Between multiple jobs and cutting back on expenses, student loan payments are still unaffordable. Keep reading about the continuous dysfunction of the federal loan system and our coalition fighting to end it. truthout.org/articles/tru...
truthout.org
Trump’s Dismantling of Student Loan Aid Is Crashing Down on Debtors This Week
Organizers are calling to stop the collections, the wage garnishments, and the credit score reductions.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
While signing up for autopay to receive the temporary 1% interest rate cut will keep balances from ballooning by paying directly on the balance, it will not lower monthly payments. Borrowers enrolling in autopay should continue to monitor their loans. www.forbes.com/sites/adammi...
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
State-based loans are becoming more and more popular as the federal government shrinks options for graduate students. However, borrowers should be cautious as some state loans can closely resemble private loans, typically including no forgiveness. www.pbs.org/newshour/edu...
pbs.org
Some states are helping graduate students pay for school. Here's what borrowers should know
In all, there are roughly two dozen state student loan lenders that offer broad-based assistance to help students fill education funding gaps.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
Student debt is why people can't afford a home, a car, or a family. It's not a side issue in the affordability crisis. It's part of it.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
This week's #SAVEStory comes from James, a borrower still paying on student loans as a retiree on a fixed income. No American should have to face the burden of student debt payments when they are on a fixed income.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
Unnecessary confusion continues to grow for borrowers exiting SAVE. Some borrowers who received their formal notice on July 1 are now being told they have 30 more days to select another plan. www.businessinsider.com/student-loan...
businessinsider.com
Student-loan borrowers get a 'final notice' with 30 more days to pick a new repayment plan
Some student-loan borrowers thought they reached their deadline to move off the SAVE plan. Then they got a "final notice" giving them another month.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
"Without IBR, my payments will go from $700 every month, to $8000 due to me having a BA, MA, and a PsyD. This would literally be devastating to my family. I would no longer be able to save for retirement or my children's college." - Borrower from Illinois
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
The Department of Education has updated its paper form for borrowers applying for IDR Plans. Now including the Repayment Assistance Plan (RAP), borrowers without internet access or without access to the online portal can now apply. 📝 www.forbes.com/sites/adammi...
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
Exiting the SAVE Plan: Q&A Edition. Got a question? We got an answer. 👀 📢 Swipe to get answers to YOUR burning SAVE questions!
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
Students enrolled in degree programs that lead to low-earning careers will lose access to federal student loans as early as the 2028-29 academic year. The new restrictions limit federal student loans to those who meet a certain earnings threshold. finance.yahoo.com/personal-fin...
finance.yahoo.com
Trump’s new rule could cut off student loans for some degree programs
Students in low-earning outcome programs could soon lose access to federal Direct Loans. Here's what to know about the Department of Education's new accountability framework.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
Cancel student debt.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
The economic return on a degree may be a good measure of its value, but it doesn't encapsulate the value of an educated person. Check out the article below on the need for institutions of higher education to address the value of an education. www.ms.now/opinion/trum...
ms.now
Opinion | What's missing from conversations on the value of a college degree
Reynold Verret: As student loan borrowers face a new crunch, here's how to think about the value of education
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
The Department of Education announced today that the deadline for borrowers to enroll in autopay to qualify for a temporary 1% interest-rate reduction has been extended to December 31, 2026. The temporary cut lasts through June 30, 2028. studentloanborrowerassistance.org/two-student-...
studentloanborrowerassistance.org
Two Student Loan Deadlines to Know Before September Ends - Student Loan Borrowers Assistance
Update: On September 29, the Department of Education announced that the deadline to sign up for auto pay to receive a temporary 1% interest-rate reduction was changed from September 30 …
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 02/10/2026
Confused about what July 1 OBBBA changes mean for your federal student loans? Check out the article below for a concise and understandable guide to understanding recent changes to the student loan system. 💡 www.nerdwallet.com/student-loan...
nerdwallet.com
Trump and Student Loans: What’s Happening With FAFSA, Federal Loan Limits, New Repayment Plans and More - NerdWallet
Here's the latest about Trump and the Department of Education's changes to student loans, including federal loan limits, repayment plans, the FAFSA, SAVE and more.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 01/10/2026
Every month, borrowers make the same choice: pay the loan or pay the bills. That belongs in every conversation about affordability. #PausePaymentsNow
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 01/10/2026
Leaving the SAVE Plan and not sure what to do? We've got you covered. Read more about your options on our brand new Exiting SAVE Guide. 💡✍️ This week, we are highlighting the SAVE Plan as borrowers who received their notice on July 1 were required to move out of the plan by Sept. 29th. Stay tuned! 🗞️
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 01/10/2026
"I am 67 and needing to take on another job to make ends meet. I may have to put off retirement until I can make more money. If my current payment increased $200 a month I would have to put off retirement and get a new job or a couple of new jobs." - Borrower from California
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 01/10/2026
We don't call it "affordable" when people are skipping meals to make their student loan payment. We shouldn't call it that for college either.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 01/10/2026
More federal student loan borrowers are struggling to afford their payments than ever before, but some schools only have 1-3% of former students in non-payment. Read more in the article to find out which schools and why. www.investopedia.com/graduates-fr...
investopedia.com
Borrowers From These Colleges Rarely Fall Behind on Student Loans
Some colleges have student loan nonpayment rates as low as 1%, with high graduation rates and lucrative graduate programs playing a role.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 01/10/2026
Older student loan borrowers have the highest average student loan debt of any age group. As the cost of private and public college has steadily risen over the last 10 years, check out how borrowers in your age group are managing their student debt. www.independent.co.uk/us/money/stu...
independent.co.uk
Here’s the average student loan debt at every age - how do you compare?
The cost of private and public college has steadily increased over the past 10 years
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 01/10/2026
Over a recent 3 month period, an additional 400,000 student loan borrowers fell into default status. The amount of federal student loans in default is now approximately $234 billion. A crisis on this scale requires policy intervention. www.newsweek.com/student-loan...
newsweek.com
Student Loan Update: 400,000 More Borrowers In Default Under Trump Admin
The defaulted loans now total approximately $234 billion, representing about 14 percent of the federal student loan portfolio.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 30/09/2026
Borrowers aren't struggling with student debt separately from the cost of living. It's the same budget, the same paycheck, the same stress.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 30/09/2026
"Being 69 years old and still working for my local hospital it has been a struggle...Trying to balance raising my son, college then a job was difficult. An increase of $200 per month would probably affect my credit score." - Anonymous Borrower
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 30/09/2026
We don't make people take out loans to use public libraries or public roads. Higher education should be no different.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 30/09/2026
Mandy Woods diligently made payments on her $65,000 student debt for years. In January 2025, she learned that the government was discharging her loans after finding evidence her school misled students about job prospects. Read more below. www.marketwatch.com/story/the-go...
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 30/09/2026
A new lawsuit brought by the Project on Predatory Student Lending alleges ED is violating the Fair Credit Reporting Act by reporting outstanding balances on cancelled and legally unenforceable debt. Read more about this lawsuit below. www.businessinsider.com/student-loan...
businessinsider.com
300,000 student-loan borrowers got their debt wiped out — but their credit is still taking a hit, a new lawsuit says
A lawsuit filed against the Department of Education argued that student-loan borrowers' forgiven debt is being improperly reported to credit bureaus.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 30/09/2026
ED canceled $23.4 billion in student debt for 1.5 million borrowers defrauded by their for-profit colleges. However, according to the complaint in a new lawsuit, the balance never went away for many and continues to accrue interest. Read below. www.washingtonpost.com/education/20...
washingtonpost.com
Students sue Education Dept., claiming it reported $4.6B in canceled loans as debt
The lawsuit said the accounts were supposed to appear as closed on their credit reports, but some borrowers noticed the balance never went away.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 29/09/2026
Student debt delays homeownership, retirement savings, and starting a family. That's the definition of an affordability problem.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 29/09/2026
"I filed for placement onto another Income-based repayment plan in December 2024. It is still "in review." If I were to be put on the IBR plan, the only one I qualify for, my payment will go from $93 on the SAVE plan to $463 a month." - Borrower from Minnesota
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 29/09/2026
"Just get a better-paying job" is not a student debt policy. It's a way to avoid having one. #CancelStudentDebt
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 29/09/2026
Despite some borrowers having their student loans discharged by ED, their student loans are still reported as active on credit reports. Read more below about the borrowers taking on the Department and the lasting damage done to their credit. www.wsj.com/us-news/educ...
wsj.com
Student Loan Borrowers Allege Canceled Debt Is Still Trailing Them
Two student-loan borrowers filed a lawsuit against the Education Department, claiming canceled loans remain on their credit reports.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 29/09/2026
On Thursday, a group of student borrowers sued ED for reporting federal loans as active years after they were discharged. PPSL, the legal organization representing the borrowers, claims the Department is falsely reporting $4.6 billion of canceled debt. www.ppsl.org/news/student...
ppsl.org
Student Borrowers Sue Education Department for Reporting Cancelled Loans as Debt  — Project on Predatory Student Lending
PPSL estimates that Department is falsely reporting $4.6 billion of cancelled debt, impacting over 300,000 people  
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 29/09/2026
A new bill, reintroduced by Sen. Smith, aims to help college students afford to stay in school when faced with unexpected financial emergencies. The Emergency Grant Aid for College Students Act would provide grants to students to manage these expenses. www.smith.senate.gov/u-s-senator-...
smith.senate.gov
U.S. Senator Tina Smith Reintroduces Bill to Help College Students Facing Emergencies Afford to Stay in School   - Senator Tina Smith
Legislation would provide emergency funds as students face record high college costs  WASHINGTON, D.C. – U.S. Senator Tina Smith (D-MN) has reintroduced legislation to help college students afford to stay in school when faced with unexpected financial emergencies. The Emergency Grant Aid for College Students Act comes as students face record high college costs, while […]
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 28/09/2026
Exiting the SAVE Plan and confused about your next steps❓Join SDCC at our SAVE Plan Workshop TOMORROW (Tuesday, September 29th). 📲 Can't make it? RSVP below to receive a recording of the workshop in your inbox within 24 hours of the workshop's end! ✨ us02web.zoom.us/webinar/regi...
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 28/09/2026
The latest in a line of lawsuits against ED, a proposed class action lawsuit alleges the Department has willfully violated the Fair Credit Reporting Act. The plaintiffs claim the agency has made "erroneous, inaccurate, and misleading" claims. news.bloomberglaw.com/litigation/f...
news.bloomberglaw.com
Forgiven Student Loans Still Appear on Credit Reports, Suit Says
Student loan borrowers claim the U.S. Department of Education has been falsely representing to consumer credit bureaus that they owe “significant and increasing” federal student loan debts.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 28/09/2026
Concerned about the rising cost of student loan payments? So are these borrowers. Read more below about a panel discussion highlighting the challenges borrowers are facing in the midst of federal changes. www.thetimes-tribune.com/2026/09/26/p...
thetimes-tribune.com
Panel discussion highlights challenges of student loan debt, rising costs
Community leaders and education advocates gathered for a panel discussion Saturday at Black & Brass Coffee to discuss everything from the cost of school supplies to the crushing burden of student loan debt and the challenges of paying…
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 28/09/2026
When affordability is discussed, it's usually about the cost of rent, groceries, and gas. The student loan payment that comes out of the same paycheck never makes the list, and it should.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 28/09/2026
"I’m the only person working and I have two four year olds. After being out of school for over 20 years I just recently found a position with a decent salary but now everything keeps going up." - Borrower from South Carolina
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 28/09/2026
Borrowers don't need another budgeting tip. They need tuition they can afford and a federal student loan system that doesn't punish them for using it.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 28/09/2026
A coalition of nonprofits, as well as a group of Student Loan Ombudspersons and Advocates, are urging the Department of Education to address widespread administrative failures in the student loan system. Read more about their letters below. www.forbes.com/sites/adammi...
forbes.com
Student Loans Face An ‘Emergency,’ 90 Groups Warn, As Education Department Problems Deepen
National groups and state student loan ombudspersons warned that cascading problems impacting federal student loans are quickly spiraling out of control.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 28/09/2026
A coalition of 90 organizations, including Student Debt Crisis Center, told Congress Tuesday that the student loan chaos must end. Enforce accountability for servicers and ED while they implement the OBBBA repayment overhaul. www.businessinsider.com/student-loan...
businessinsider.com
Student-loan borrowers are facing 'drastic changes' to repayment that require lawmakers to step in, 89 organizations say
Nearly 100 organizations are calling on Congress to hold an "emergency hearing" in light of major student-loan repayment changes over the past months.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 28/09/2026
Missed our first workshop today in a series of partnership webinars with the CT Office of the Student Loan Ombudsperson? No worries! Read more below. www.bristolpress.com/news/state-o...
bristolpress.com
State offering free webinars to help residents manage their student loans
HARTFORD — Connecticut residents can attend a series of free online webinars to learn about student loan repayment, forgiveness programs and recent changes to federal student loan programs.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 27/09/2026
"Mine are Parent PLUS loans and it will make it harder to cover my other monthly expenses. Having to cut some other necessary expenses to make end meet. Skip doctors and preventative care." - Borrower from Pennsylvania
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 27/09/2026
Older borrowers now owe more than ever, with the amount of debt they carry nearly 20 times higher than two decades ago. Taking out Parent PLUS loans to afford their children's education is even more of a burden they should not have to face. finance.yahoo.com/small-busine...
finance.yahoo.com
A 70-year-old owes $200,000 in parent student loans for his kids — experts warn against draining retirement to pay it
Borrowing money to help your child get a leg up can creep up on you later in life, leaving you struggling in retirement. Here’s how to handle a huge loan balance.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 27/09/2026
A new bill introduced by Reps. Foster and Fitzpatrick would allow payments made under select plans count during a borrower’s first 60 months. It would also count months spent in administrative forbearance as qualifying payments towards PSLF. Read below. thecollegeinvestor.com/88767/bipart...
thecollegeinvestor.com
New PSLF Inclusion Act Would Count SAVE Forbearance Months Toward Forgiveness With No Buyback Required
The PSLF Inclusion Act of 2026 would count SAVE forbearance months and the first 60 payments on any plan toward PSLF, with no buyback required.
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Student Debt Crisis Center @debtcrisisorg.bsky.social · 27/09/2026
New lending limits from the OBBBA are expected to exponentially worsen the physician shortage, especially in rural areas of Kansas. Not everyone can turn to private loans which usually require a cosigner -- and they shouldn't have to. www.kcur.org/2026-09-22/k...
kcur.org
Kansas needs more doctors but new federal loan limits could make it harder to attend medical school
The rules could limit the chances of people attending medical school, further exacerbating the healthcare worker shortage.
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