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2. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

3. Georgia is No. 3 in average student loan debt. A look at why ...

   www.aol.com/georgia-no-3-average-student...

   The average federal student loan debt per person in Georgia has grown to more than $40,000, according to a Chamber of Commerce report. This puts the Peach State as the No. 3 most student-debt ...

4. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   Student loan debt rose from $480.1 billion (3.5% GDP) in Q1 2006 to $1,683 billion (7.8% GDP) in Q1 2020. Student loans play a significant role in U.S. higher education. [51] Nearly 20 million Americans attend college each year, of whom close to 12 million – or 60% – borrow annually to help cover costs. [52]

5. Income-driven repayment - Wikipedia

   en.wikipedia.org/wiki/Income-driven_repayment

   Income-driven repayment. Income-based repayment or income-driven repayment (IDR), is a student loan repayment program in the United States that regulates the amount that one needs to pay each month based on one's current income and family size. The phrase is an umbrella term for four specific repayment plans that are available within the ...

6. 'I don't think I can help you': Georgia man can solve all his ...

   www.aol.com/finance/dont-think-help-georgia-man...

   The family is now nearly debt-free, with only $260,000 in mortgage debt left on the family home. They have roughly $19,000 in cash and savings, and he says the house in Kentucky is fully paid off.

7. Student loan default in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loan_default_in...

   For federal student loans, default requires non-payment for a period of 270 days. For private student loans, default generally occurs after 120 days of non-payment. [1] In 2021, outstanding student loan debt has reached a record more than $1.8 trillion. [2]