3 Ways Nonprofits And Local Governments Are Reimagining Student Loan Repayments

3 Ways Nonprofits And Local Governments Are Reimagining Student Loan Repayments

3 Ways Nonprofits And Local Governments Are Reimagining Student Loan Repayments In total, approximately 43 million Americans owe $1.77 trillion in student loan debt, 42% more than they did just a decade earlier.  With inconsistencies at the federal level causing uncertainty and confusion, many loans continue to accrue interest, highly educated workers face mounting financial challenges, young college graduates become even more disillusioned about higher education, and college still doesn’t get any cheaper.  The one in four U.S. adults with student loan debt, as measured by the Pew Research Center, are still highly privileged — they are the ones who are able to attend costly colleges and universities in the first place.  But even still, Pew reports that 35% of young college graduates with student loan debt say their education wasn’t worth the cost.  While some advocate for broad student loan forgiveness or sweeping reforms to reduce the cost of higher education, in the meantime, others are …