In a study by the Global Financial Literacy Excellence Center, more than half of the student loan borrowers regretted their debt. Over one-third of total people surveyed said they had been late with payments within the last year.

When the student loan debt is climbing by the second, it’s not hard to imagine that many borrowers regret taking student loans altogether. Trump has released his plan for his first 100 days, none of which, touch the student debt issue. So, we don’t know how far down on our president elect’s priority list this problem is. The student loan crisis is here but do borrowers know how to handle it?

In a study by the Global Financial Literacy Excellence Center, more than half of the student loan borrowers regretted their debt. Over one-third of total people surveyed said they had been late with payments within the last year. Additionally, in the 2015 National Financial Capability Study, 54% of over 27,000 people surveyed did not fully understand the consequences of their loans.

That same 54 % also didn’t estimate their future monthly payments before borrowing their loans. 53% said they would have done things differently when asked if they could go back. 17% didn’t know how to answer the questions about student loans. About 30% did not graduate and have had serious issues trying to pay back their loans.

Only 35% of those surveyed were in an income-driven repayment plan. A plan that ties your income to your monthly student loan payment. A fifth of total people interviewed did not know “whether their monthly payments are determined by their income.” This information implies that these plans are too complex to enroll in, borrowers aren’t thorough enough in collecting information, or that the information isn’t presented to struggling borrowers.

“We find that many borrowers take out student loans without being fully aware of what they are getting into,” said Professor Annamaria Lusardi, academic director of the Global Financial Literacy Excellence Center in a statement. “These findings provide further evidence of the importance of improving individuals’ financial capability, in particular, in the areas of debt and debt management.” In other words, the system is broken if individuals can’t help themselves out of these holes.

A company, Ameritech Financial, aims to close this gap. Ameritech Financial takes these issues head on with their staff of certified student loan experts. They assist borrowers with enrolling into these programs to make sure they are able to live an affordable, healthy lifestyle.