Frustrated with your student loans? So are we. Everyone in our organization has students loans they’re paying off too. We created a team of students helping other students!

As of July 2017, there’s over 44 million student borrowers responsible for $1.44 trillion in debt. Over 4 million borrowers are in default, yikes! We created Stupid Student Loans to give borrowers a simpler way to learn about their options. Fill out a contact form to speak with an expert or browse our website to learn more.

Our mission is to place every student into the program best fit for their unique situation! There are millions of Americans completely clueless they’re eligible for a Forgiveness or Relief Program. If you have an ounce of uncertainty, let us give you a hand!

Forgiveness

If you’ve been contacted by a company promising you Forgiveness of all your student loans, be careful. Some companies will ask for hundreds (if not thousands) of dollars up front to enroll you into “Obama’s forgiveness program”, which actually doesn’t exist.

The combination of these companies ripping off students, lack of information from the Education Department, and Loan Servicers misleading students has left millions of borrowers defaulted on their loans. Unfortunately most of these students are actually eligible for certain programs, but can’t trust anyone to do anything about it. Go to the Forgiveness page to see if there’s a program you qualify for! If you’re unaware about the seriousness of default, check out our FAQ page for more information.

Loan Relief

How was your experience at the college you attended? Students who’ve attended certain for-profit schools in the last decade have found out their degrees are unaccredited and unaccepted by ideal employers. Due to the millions of students impacted, the Education Department is granting relief to students who meet certain qualifications and properly submit a file for relief.

Did your school mislead you about the guarantee of a job in your field after graduation? Were you lied to about the costs associated with enrolling at your school? Has your school had lawsuits settled against them in State or Federal court?

If you answered yes to any of the questions above, you may be eligible to apply and have your student loans reimbursed. Check out our page on Loan Relief to see if you’re eligible!

$1.44 Trillion

U.S. outstanding Student Loan Debt.

10.5 Million

Number of borrowers unable to make their montly loan payments.

49%

Percentage of borrowers unable to make payments, but are eligible for a forgiveness program they’re unaware of.

$4.2 Billion

Amount of relief available for eligible students who attended fraudulent for-profit schools.

Debra

Debra

College of the Arts

Meet Debra. She graduated from college with over $60,000 in debt but hasn’t found a job in her field of study yet. She’s settled for a job making substantially less than what she was expecting out of college. Six months after graduation Debra got her first monthly student loan bill for $425. She won’t be able to make these payments with her current income. Fortunately she was able to switch into an income-based program only paying $45/month.

Does Debra’s situation sound like yours? Go to the Forgiveness page to find a plan for you!

Caleb

Caleb

Beta University

This is Caleb. He had a terrible experience at the College he attended and hasn’t been able to find a job in two years since graduating. The University he attended was sued for fraudulently mistreating their students. Because Caleb met the qualifications, he was able to file for relief on the loans he took out to attend the school. Months after filing he received a full discharge of his remaining student loan balance, which saved him over $40,000 he was originally required to pay!

Did the college you attend have any lawsuits settled against them? Go to the Relief page to see if you’re eligible to file for relief.

Forgiveness

If you’ve been contacted by a company promising you Forgiveness of all your student loans, be careful. Some companies will ask for hundreds (if not thousands) of dollars up front to enroll you into “Obama’s forgiveness program”, which actually doesn’t exist.

The combination of these companies ripping off students, lack of information from the Education Department, and Loan Servicers misleading students has left millions of borrowers defaulted on their loans. Unfortunately most of these students are actually eligible for certain programs, but can’t trust anyone to do anything about it. Go to the Forgiveness page to see if there’s a program you qualify for! If you’re unaware about the seriousness of default, check out our FAQ page for more information.

Debra

Debra

College of the Arts

Meet Debra. She graduated from college with over $60,000 in debt but hasn’t found a job in her field of study yet. She’s settled for a job making substantially less than what she was expecting out of college. Six months after graduation Debra got her first monthly student loan bill for $425. She won’t be able to make these payments with her current income. Fortunately she was able to switch into an income-based program only paying $45/month.

Does Debra’s situation sound like yours? Go to the Forgiveness page to find a plan for you!

Loan Relief

How was your experience at the college you attended? Students who’ve attended certain for-profit schools in the last decade have found out their degrees are unaccredited and unaccepted by ideal employers. Due to the millions of students impacted, the Education Department is granting relief to students who meet certain qualifications and properly submit a file for relief.

Did your school mislead you about the guarantee of a job in your field after graduation? Were you lied to about the costs associated with enrolling at your school? Has your school had lawsuits settled against them in State or Federal court?

If you answered yes to any of the questions above, you may be eligible to apply and have your student loans reimbursed. Check out our page on Loan Relief to see if you’re eligible!

Caleb

Caleb

Beta University

This is Caleb. He had a terrible experience at the College he attended and hasn’t been able to find a job in two years since graduating. The University he attended was sued for fraudulently mistreating their students. Because Caleb met the qualifications, he was able to file for relief on the loans he took out to attend the school. Months after filing he received a full discharge of his remaining student loan balance, which saved him over $40,000 he was originally required to pay!

Did the college you attend have any lawsuits settled against them? Go to the Relief page to see if you’re eligible to file for relief.

They made it very clear where I stand with my loans and

Johnny

ITT Tech, Class of 2012

These guys really did help me! I was in default and ____ showed me the right steps to get me loans invalidated.

Johnny

ITT Tech, Class of 2012

These guys really did help me! I was in default and ____ showed me the right steps to get me loans invalidated.

Johnny

ITT Tech, Class of 2012

How can Stupid Student Loans help me?

By informing you on all your options to better manage your loans. Millions of students remain illinformed. If it’s necessary to prepare any documents for you, we do that as well.

Why has my servicer failed to inform me of all this information?

The 9 loan servicers selected by the Federal Government are each responsible for managing about 4.8 million students’ loans. Servicers don’t have the resources to keep up with every unique situation. And in 2017, loan servicers have been sued by federal organizations for not giving students forgiveness and relief options to benefit them. By not informing students of all their options, this puts more money in servicers’ pockets by collecting on payments students aren’t required to pay. Reach out to one of our experts, and we’ll guide you in the right direction.

Get in Touch

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