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The Student News Site of Stony Brook University

The Statesman

The Student News Site of Stony Brook University

The Statesman

The Student Financial Services office located in the Student Union. KAT PROCACCI/THE STATESMAN

SBU students face unique challenges with loans

Morgan Casey December 1, 2021
On top of these financial implications, there are also the looming mental and psychological effects that debt has on students’ mental health. Many students experience profound stress, anxiety and feelings related to shame when thinking about their financial situations related to school. In a 2021 survey, one in 14 student borrowers said they experienced suicidal ideation because of taxing debt situations.
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