Student loan debt has doubled since 2007 to more than $1 trillion, an amount that has outpaced credit card debt, according to the Federal Reserve. That financial load is being blamed for stifling the economy as borrowers put more of their incomes toward repaying debt instead of spending in other areas. Here’s how much debt Georgia borrowers are carrying and how proposals would impact them.

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Sen. Frank Ginn, R-Danielsville, holds up a sign that reads DOGE Sic ‘em in the Senate chambers on Crossover Day at the Georgia State Capitol on Thursday, March 6, 2025. (Natrice Miller/ AJC)

Credit: NATRICE MILLER

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State senators Greg Dolezal, R-Cumming, and RaShaun Kemp, D-Atlanta, fist bump at the Senate at the Capitol in Atlanta on Crossover Day, Thursday, March 6, 2025. (Arvin Temkar / AJC)

Credit: arvin.temkar@ajc.com