Ease the Burden
of Student Debt
The Aunt Betty Fund's nonprofit mission is to reduce the burden of student debt taken on to pay for higher education. Our secure platform helps steer scholarships, grants and gifts to students and borrowers most in need.
Support Students In Need
Help us achieve our Winter fundraising goal of $40,000 to fund five scholarship to high-potential students with unmet financial need.
The Student Debt Problem
Burden on Students After College
The average American who earns a bachelor’s degree takes on $40,000 in debt and pays $350 a month for 10 to 20 years. The result has been a generational postponement of life’s big goals, like getting married, having children, buying a home or car, even launching a start-up.
Impact on Our Economy
The amount of student debt hanging over the U.S. economy is now greater than total credit card debt or total car loans. The financial well-being of 43,000,000 borrowers - and their ability to contribute to the economy by growing families and spending and investing – has been seriously damaged.
Federal Loan Forgiveness Programs
The current Administration substantially curtailed previous federal student loan forgiveness and income-based repayment programs that benefited public sector employees and low income borrowers. Several new or revised programs, announced in 2025, are more restrictive in eligibility and benefits than the programs they replaced. The anticipated result will be a substantial uptick in student loan delinquencies and defaults, with a major adverse impact on affected borrowers and potentially on the economy as a whole.
Borrowers Still Need Help
Many student loan borrowers are unlikely ever to benefit from a federal forgiveness program. Even those who do qualify – particularly those working in the public sector or with low income – will have to continue making loan payments, month after month, year after year, until they receive notification that some or all of their debt will be cancelled.
Make a Tax-Deductible Donation
Give one-time or monthly to help borrowers with demonstrated financial need get out of student debt faster. The Aunt Betty Fund is a federally approved public charity under Section 501(c)(3).