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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State Sen. Josh McLaurin, a Democrat who grew up in east Cobb, is expected to launch his campaign for Lieutenant governor in Savannah on Monday, May 5, 2025. (Hyosub Shin / AJC file photo)

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The Midtown Atlanta skyline is shown in the background as an employee works in Cargill's new office, Jan. 16, 2025, in Atlanta.  (Jason Getz/AJC)

Credit: Jason Getz / Jason.Getz@ajc.com