Student Repayment Services

Some great stories to put how bad the Student Loan Crisis really is into perspective!

They're lawyers, scientists and health care professionals. They're also still struggling to pay off their student loans CNN reached out to some of the people who shared their experiences with the hashtag . Here's what they said.

According to a letter obtained by NPR, the Trump administration appointee wrote to Sen. Elizabeth Warren (D-Mass.) that the CFPB was trying to police the student loan system overseeing $1.5 trillion in outstanding debt but was unable to do its job because the Department of Education (DoE) — which is “the largest participant in the student lending market” — had “declined to produce information” that the agency needed.

It looks like the DOE is the one that is making it more difficult for borrowers when it comes to the repayment of the Federal Student Loans!

'Quite remarkable': Consumer watchdog says Department of Education is obstructing student loan oversight CFPB Director Kathy Kraninger said the CFPB was unable to do its job because the Department of Education (DoE) had “declined to produce information” that the agency needed.

The latest student loan debt statistics show there are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt in the U.S. alone. According to Make Lemonade, student loan debt is now the second highest consumer debt category - behind only mortgage debt - and higher than both credit cards and auto loans.

This is hard to believe that there are this many older borrowers out there that are struggling to pay off their Student Loans. Many of these borrowers will die before they pay off their loans!

Parents Owe $89 Billion In Student Loans - Here's What To Do About It Here's how parents can manage student loans.

"This week, the Republican senator introduced The Leveraging Opportunities For Americans Now Act, or the LOAN Act. The bill would eliminate federal student loan interest and replace it with a flat one-time fee paid out over the repayment terms. He laid out an example."

What do you think about this proposed new bill? Do you think that paying a flat fee would be better than accruing interest each month?

Rubio looks to overhaul how student loans are repaid Senator Marco Rubio knows first-hand there is a crisis when it comes to student loans in the United States.