62% of those with student loans say they are somewhat or highly likely to participate in boycotting student-loan payments

62% of those with student loans say they are somewhat or highly likely to participate in boycotting student-loan payments, per Bloomberg.

About half of borrowers said the situation has become a national crisis, according to a poll released by Bankrate. A similar share said the federal government has not done enough to provide financial assistance for those with student debt.

Overall, 56% of Americans believe the cost of higher education has gotten out of hand, with 44% saying that students aren’t educated enough about the financial implications of taking out loans to fund their studies, per Bankrate.

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