Student Loan Refinancing

It seems as though everyone—homeownerscorporations, and even state and local governments—is taking advantage of the current historically low interest rates by refinancing their debt.

It’s a win for individuals and for the nation as a whole, easing the burden of loan repayment and freeing up income for purchases that stimulate the economy. But one group is getting left behind in the refinancing trend: students who take out loans to pay for their higher education. And with over $1.2 trillion dollars in current student debt, something needs to change.

What is Refinancing?


Refinancing allows a borrower to replace their existing debt with a new loan that has better terms. Use our calculator below to see how much money you could save by refinancing your student loans!

Senator Elizabeth Warren (D-MA) just announced her new bill: Bank on Students Emergency Loan Refinancing Act.

Check out what our partner organization are saying about Senator Warren’s new bill.
American Federation of Teachers
Student Debt Crisis
Young Invincibles
One Wisconsin Now
Generation Progress
Campaign for America’s Future
Our Time
Ed Votes

Learn More About Refinancing at Generation Progress

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