The Student Loan Crunch and You

As the American economy deals with the consequences of the sub-prime mortgage industry, investors have pulled out of backing loans.  The good news is there will be no shortage of federal student loans, which are the loans most students get.  Some students may find that a lender they used in the past is no longer available.  But because of the way the federal programs are designed, there will be loans for every eligible students at any eligible college, university, or trade school.  Click here to find out more.

 

When it comes to paying for college, students are facing more and more debt:

• Nearly two-thirds of all four-year college graduates now have student loans.
• The number of students who graduate with over $25,000 in loan debt has tripled since the early 1990s.

More

Attend A Better Deal Conference in DC
The Student PIRGs have teamed up with Demos and Rock the Vote to host a conference about the economic issues facing young people. The conference will occur on May 8 and 9 in Washington, DC. Click here to find out more about the conference.
Check out more actions and events you can conduct on your campus!

"College students may get access to more federal loans" - USA Today, 5/2/08

"Some Experts See No Reason to Panic on Student Loans" - Newhouse News Service, 4/15/08

"New Legislation Puts Loan Forgiveness Within Reach" - Student Lawyer, 4/1/08

"Democracy Versus Debt" - The American Prospect, 3/25/08

Tell us your student loan story
Enter the Student Debt Yearbook
Read reports on student loans
Watch video of students at the congressional signing ceremony
See what students said to the Department of Education
Find out about the new College Cost Reduction and Access Act
Tell Your Friends

Grant and Loan Aid Resources
Find information on where to find help with common grant and loan questions.

Economic Stimulus Payments

Materials for Campus Activism