What Charities Help Pay Off Student Loans?

If you’re considering taking out student loans to pay for school – or you’ve already graduated with a mountain of debt – you’re not alone. Over 44 million Americans currently have student loans, with total student debt topping $1.5 trillion.

While higher education can be a smart investment that will set you up for future success, attending college often comes with a hefty price tag. If you’re struggling to pay back your student loans, we’re here to help. In this article, we’ll review organizations and individuals going above and beyond to help students pay back their loans. Plus, we’ll discuss some other ways to help you get debt-free as quickly as possible.

Charities That Pay Back Student Loans

Unfortunately, the list of charities dedicated to paying back student loans isn’t as long as we’d like. While some organizations offer scholarships before or during college attendance, paying off debt after a student leaves school is rare. However, a couple of knights in shining armor are helping borrowers across the country tackle their debt.

Rolling Jubilee

Rolling Jubilee acts like a debt collector. They pay lenders pennies on the dollar to take debt that the borrower is unlikely to pay back. Read more

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