PAY OFF YOUR STUDENT LOAN DEBT!
RAISE YOUR COLLEGE STUDENT LOAN DEBT THROUGH
OUR TUITION FUNDRAISING PLATFORM!
If you are a former college student who owes student loan debt of any amount then consider enrolling in SBSA's Tuition Sponsorship Program to crowdfund your funding to help pay off your student loans through private donations or corporate sponsorships.
STUDENT LOAN DEBT:
During the 2020-2021 school year, nearly 7.5 million borrowers took out federal student loans. In the U.S. student loan debt for federal loans topped $1.6 trillion with the average student owing $28,950 in student loans.
According to the Department of Education, as of July 2019, nearly 11 million Americans with student loans hadn’t sent a payment to the government over the past year. It is estimated that nearly forty percent of students are expected to be in default of their student loans by 2023.
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!)
Tuition Sponsorship Program enrollment starts at only $10 to use our tuition raising platform for one full year upon enrollment. Students who wish to register for multiple years to participate in our program can do so at discounted yearly rates.
Sponsorship Page SetupTuition sponsorship program page set up instructions will be automatically delivered to each new member via email upon online enrollment.
1. $10 ENROLLMENT FEE - ONE YEAR REGISTRATION INTO THE PROGRAM
2. $18 ENROLLMENT FEE -TWO YEAR REGISTRATION INTO THE PROGRAM (10% SAVINGS)
3. $25 ENROLLMENT FEE - THREE YEAR REGISTRATION INTO THE PROGRAM (16% SAVINGS)
4. $30 ENROLLMENT FEE - FOUR YEAR REGISTRATION INTO THE PROGRAM (25% SAVINGS)
5. $40 ENROLLMENT FEE - PERMANENT REGISTRATION INTO THE PROGRAM (33% SAVINGS)