50,000 Aspiring Educator NEA members are working on more than 900 campuses in all 50 states to become tomorrow's educators. They're fostering leadership, providing networking opportunities, seeking to make higher education more affordable.
Financial Management and Loan Debt Resources
NEA has partnered with SAVI to provide assistance with the full range of tools and resources available to resolve student loan debt. SAVI is a Public Benefit Corporation that is working to solve the student debt crisis by helping student loan borrowers better understand their debt, lower their payments, and enroll in a plan that will help them on the path to student loan freedom.
Credit card debt, outstanding school loans, a mortgage, car note, daycare expenses, and other bills causing you stress? You’re not alone. Many NEA members need help to gain control of their finances and find ways to reduce debt. NEA Member Benefits provides a variety of services and sound advice about dealing with debt.
A program initiated in 2009 takes a person's income-to-debt ratio into account. That means a borrower may never have to pay more than 15 percent of his or her discretionary annual income towards student loan debt. Read more about the College Cost Reduction and Access Act.
This chart shows how individual states' student loan rates stack up with one another.