Student loan borrowers owe more than $1.4 trillion in student loan debt

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Over the past five years, student loan borrowers across the country have turned to the Consumer Financial Protection Bureau (CFPB) to submit complaints  about the struggles they face when repaying their student loans.  The CFPB has handled tens of thousands of complaints related to student loans and sent complaints  to  hundreds of  companies, including student loan servicers, debt collectors, private student  lenders, and companies marketing student loan “debt relief.”  

These complaints  have identified issues and practices that  harm consumers  and often times have been the first step in a process  that  halted industry practices harming  some of the most vulnerable individuals. Stopping these practices has saved hundreds of millions of dollars for tens of thousands of student loan borrowers,  and strengthened aspects of the student loan repayment process to protect millions  of consumers. Student loan borrowers collectively owe more than $1.4 trillion in student loan debt.

This state - by -statesnapshot shows how this debt is spread across the country. It also breaks down the complaints handled by the CFPB from student loan borrowers in every state.