Gabrielle Perry, a 29-year-old epidemiologist in New Orleans, expects $20,000 of her $135,000 student loan debt to be wiped out under the plan announced this week by President Joe Biden. She is happy for the relief, but disappointed he isn’t fully canceling student debt that weighs especially heavy on African Americans.
But more work needs to be done to make higher education accessible and affordable, said Wisdom Cole, national director of the NAACP Youth & College Division. The pandemic-era freeze on student loan payments, combined with raises at work, allowed Perry to achieve a sense of stability for the first time in her life. She was able to pay off her car, help her disabled mother, and start a nonprofit, the Thurman Perry Foundation, that gives college scholarships to currently or formerly incarcerated women and their daughters.
In her first months of graduate school, before her fellowship salary kicked in, TC Headley called the university’s financial aid office to ask if there was help to cover the cost of books and supplies. Instead, the woman on the phone told her to call her parents and ask for more money.“I can’t just call my parents for thousands of dollars,” she said. “The only other option to get this money in time was to take out a loan. I did what I had to do to be able to support myself and stay in school.
From another Trib piece- can I apply this logic to the people signing up for debt? Is it unfair the taxpayer foot the bill for student loans?
Blacks get loans? 🤣🤣
See, Democrats are racists and they hate black people.
Just wait. Brandon will give away more of our money.
Mean while they make up around 15% of the university students. Half as many as Hispanics and double that of Asians.
Student loans appear to be exploiting black people the worst
And?
the educational con
Sounds like the fault of the individual taking the loan out.