About 57% of Georgians who have recently earned college degrees have student loan debt, according to a 2019 report by The Institute for College Access and Success. The average student loan debt is about $29,000. About one in three University of Georgia students borrow money to attend while about one-half of students Georgia State and Kennesaw State universities borrow money to pay for tuition, state data shows.
The Trump administration has made several changes since declaring a national emergency to the virus to help borrowers. They include allowing borrowers with federally held student loans to suspend their payments for the next two months and all interest waived on federal student loans.