Welcome to the site.
Yes, others have had the same problem. The sending unit (rheostat) goes bad.
Try typing "Fuel Pump" in the Search engine on this site, there are multiple write ups concerning replacing just the sending unit and some info on getting a pump assembly for less than $300.00.
I found an OEM AC/Delco unit new on EBay a while back for $ 75.00, but that could have been just a fluke.
What year is your car. Add some info to your signature, it helps us help you better.
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98 Riv, 102K Miles, EBC, LS1 Ft.Calipers, STB, Addco Rr Sway Bar, 180* stat., SSAC Headers, HF Cat, 1.9's,
105# springs, MPS 3.4, DHP tuned by the Deekster.