Student Loan Alliance

the student loan alliance (sla) is a nonprofit organization focused on developing long-term solutions to address the student loan crisis with a key focus on leveraging independent nonprofit counselors as “trusted advisors.” alliance members deliver efficient counseling and timely assistance by implementing best in class systems and processes. as the cost for higher education continues to rise, the number of graduates unemployed or underemployed is increasing. today, nearly two-thirds of all students depend on student loans, obtaining $27,000 in loan debt on average. student loans represent over 37 million loans with over 27% of borrowers 30 days delinquent and nearly 10% in serious default at any given time. total student loan debt now represents over $1 trillion, which far exceeds total credit card debt that is less than $800 billion today. the student loan crisis affects many households across the country and sla is committed to addressing the crisis by promoting partnership, develop