Student Debt Crisis Center (SDCC)

Nonprofit centering the needs and voices of borrowers to end the student debt crisis. A people-powered movement with over 2 million supporters. RTs≠endorsements

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

Calls for a payment pause are growing as @usedgov's failures harm borrowers in the most dysfunctional repayment system yet. Now is the time to pause all loan payments and interest before the system collapses. #PausePaymentsNow

[Adam S. Minsky @AdamSMinsky]

As student loan borrowers struggle to access key programs, and processing issues become more widespread, groups like @StrikeDebt and @DebtCrisisOrg are calling for a suspension of payments and interest. https://t.co/bi4w7WjFgX

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

ED quietly updated online guidance, now stating the PSLF Buyback Program will not be available for time spent in the Repayment Assistance Plan. Read more below.

https://t.co/4nsXZlLHA2

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

"What concerns me most is I cannot access my IDR qualifying payment count. Because my loans date back more than 20 years, I may already have substantial credit toward forgiveness. I have contacted MOHELA and Federal Student Aid, but neither has provided my count." -Anon Borrower

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

ED won’t publicly announce the truth, so we will: PSLF buyback will not be available for time spent in RAP.

Read SDCC’s full statement below condemning the latest attack on the financial wellbeing of American public service workers.

https://t.co/AblvHr5BEZ

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

As the Dept. of Education remains silent about the rollback of PSLF credits, advocates warn borrowers who have already gotten their student loans forgiven may potentially be impacted. Keep reading below.

https://t.co/4hh1jQviwp

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

MacKenzie Scott, billionaire philanthropist and ex-wife of Jeff Bezos, donated $1.1 million to Blackfeet Community College to cover student loan forgiveness for over 1,000 current and former students.

All borrowers deserve this kind of relief.

https://t.co/6qc1oSc7uQ

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

The cost of living is steadily rising, and so are student loan payment amounts. Wages don't rise at the same rate. The problem with the federal student loan system is structural.

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

Making student loan payments should not necessitate reducing your food budget.

Read our #SAVEStory of the week from Noel, a borrower facing a steep increase in monthly payments as the SAVE Plan ends. 📄

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

"I graduated over 16 years ago and have paid faithfully every month on my student loans up until the SAVE plan put me into administrative forbearance...I owe more than I even originally took out. It feels like a trap that I’ll never escape" - Borrower from Pennsylvania

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

Every borrower stuck in "processing" limbo is a person whose life is on pause. No clarity on payments, no clarity on forgiveness, just waiting. #PausePaymentsNow

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

ICYMI: Lawmakers are demanding answers from Mohela after it sent out notices incorrectly accusing borrowers of being behind on their payments and at risk of default. Learn more here: https://t.co/8SA5Mb8qEs

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

Missed an SDCC student loan workshop? No problem! Head over to the link below to view recordings of past workshops and get your questions answered! ✍️

https://t.co/zfNNRIJbWB

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

September 29: that's the earliest anyone enrolled in SAVE will be kicked off the plan. Learn more about how the 90-day notice rules apply and what options you have when exiting SAVE: https://t.co/WqTxZI6TYx

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

"I am enrolled in PAYE, and my payment is $ 210 month. Although this isn't terrible, I am a single mother, have a child with higher needs, and with the economy the way it is I can barely pay my bills, and my only debt right now is my mortgage and my student loans" - Anon Borrower

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

Did you know that student loan borrowers can secure an interest rate discount by enrolling in autopay, but the deadline is in September? Learn more here: https://t.co/A1NxV6QMlh

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

If a bank made this many errors on this many accounts, it would be called a scandal. When it's student loan servicers, it's called a mistake. #PausePaymentsNow

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

If you're trying to wrap your head around all of the massive changes that have taken place in the student debt space in just the past few years, check out this in-depth article: https://t.co/xwLC2g7DVy

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

We live in the richest country in the history of the world, yet we have millions of Americans unable to make monthly student loan payments. The student debt crisis is a wealth distribution issue.

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

We know there's a lot of confusion out there about borrowers' repayment options. Check out this article for a simple explainer on plan options & eligibility requirements: https://t.co/0Aw6ieqTeb

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

"If I was making these payments on my own, I would have to figure out whether to pay the loan and my other bills with my social security check and decide to pay for food or go without. My wife is also on social security" - Borrower from North Carolina

[Student Debt Crisis Center (SDCC) @DebtCrisisOrg]

Recent changes to the student loan system have made things more complicated—and expensive— for Parent Plus Loan holders. Discover the recent & upcoming changes that'll require additional action: https://t.co/Y74GNudTmJ