There is currently $1.5 trillion of student loans in the U.S., a figure that has nearly tripled over the past decade. With more than 44 million Americans holding student loan debt, understanding the true cost of student loan debt has become more important than ever before. How can we help student loan borrowers get out of debt faster so they can move on to accomplish their financial goals? Realizing the crisis that has emerged, Northwestern University has pledged that starting with the class of 2021, students will not graduate with debt, but for the recent alumni population, learning more about refinancing one's loans could be of the utmost importance. This presentation will examine the student loan epidemic in our country and what steps we can take in order to help borrowers figure out a better solution to a $1.5 trillion problem in the U.S.