PAY OFF YOUR STUDENT LOAN DEBT!
RAISE YOUR COLLEGE STUDENT LOAN DEBT ON
OUR ONLINE 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 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.