Please join us and give one prayer for debt relief for our young people. Contact Zach at [email protected] or (202) 783-3566 x105 to learn more.
The average four-year college graduate owes $35,000 in student debt and according to the Federal Reserve, student debt obligations nearly quadrupled from 2004 to 2015. In 2014, outstanding debt alone reached $1.3 trillion. High interest rates make debt repayment difficult and leave our students with heavy financial burdens.
When talking to students, often the first question they ask us is - how does Jubilee USA's work relate to my student loans? How can I work for debt and lending and borrowing policies that reduce poverty in the developing world and support students here in the United States?
Jubilee for Students bridges local and global movements for responsible lending and borrowing and fair debt policies. Just as international debt crises have spread from the global south to northern economies - we see debt crises impacting our young people here in the United States just as they should be preparing to enter the workforce.