STUDENT LOAN DEBT
Student loan debt in 2019 is the highest it's ever been as college tuition rates increased 150% over the last decade. The latest student loan debt statistics for 2019 show how serious the student loan debt crisis has become for borrowers across all demographics and age groups.
There are more than 42 million borrowers who collectively owe $1.5 trillion in student loan debt in the U.S. alone. More than 2.5 million borrowers have student loan debt greater than $100,000, with 610,000 of that total holding student loan debt greater than $200,000.
Student loan debt is now the second-highest consumer debt category - behind only mortgage debt - and higher than both credit cards and auto loans.
According to a national study, borrowers in the Class of 2019, on average, owe $30,650 putting most college students in a situation that may take decades to repay. (See The Top 50 Most Expensive Colleges in America!)
OTHER WAYS TO HELP
Simply put, GET THE WORD OUT! and share this campaign information through word-of-mouth and your and social network. Oh yeah... ask your friends to do the same!
DONATE UNWANTED ITEMS AND RECEIVE A TAX-DEDUCTION FOR THEM
Consider donating that used car or other items of value that you no longer need. We are a 501c3 non-profit organization whose contributions are deductible under section 170 of the code.
We also qualify to receive tax-deductible bequests, devices, transfers or gifts under section 2055, 2106 or 2522 of the code.
Imagine the life-long impact your donation can have on a student you help send to college that would not have been able to do so without the help or caring people such as yourself. Each year students are saddled in student loan debt that can take decades to repay.
Now imagine these students having to go out into the world with housing, car and other necessary expenditures coupled with their student loan obligation.
That's a tough row to hoe.
Alleviating or lessening a college student debt though tuition help or full scholarships will impact that student's life dramatically who in turn will be forever grateful and more willing to help others when they are in a position to do so!