According to a 2020 study in Forbes, there are 45 million borrowers who collectively owe nearly $1.6 trillion in student loan debt. In the U.S. Student loan debt is now the second highest consumer debt category – behind only mortgage debt – and higher than both credit cards and auto loans. The average Student Loan Debt is $32,731, average Student Loan Payment is $393 and the Median Student Loan Debt amount is $17,000. These are staggering numbers, especially at a time where unemployment levels are where they are. Though, according to CNBC, the unemployment rate has fallen to 6.3%, there are still many individuals who will not be able to keep up with payments once the deferment period has passed.
Our goal is to assist certain applicants on a needs basis by paying a portion of their student loans (click Contact / Apply / Volunteer for Application Criteria). We know that any relief, especially in times like these could make all the difference.
Jordan W. Daley
Zarb School of Business (Hofstra University)
Carolyn P. Daley
Dr. Toni Aspinall-Daley
Weill-Cornell Medical School
Doctor of Medicine
Clinical Asst. Professor of Pediatrics
Mount Sinai School of Medicine