NBC News spoke to a dozen student loan forgiveness applicants nationwide, ages 24 to 60, who had hoped for relief from their crippling debt — which has left some struggling to afford medical expenses and basic necessities and others unable to buy a home or start a family.
For Daisy Pérez, 49, earning a college degree and becoming a registered nurse helped her family get out of poverty and “at least make ends meet,” her daughter Cristher Estrada-Pérez said. in Connecticut, which helps predominantly Black and Latino borrowers navigate their debt, is paying off $80,000 for her student loans.recipients, Estrada-Pérez and her mother stand to get $20,000 in debt forgiveness if the Supreme Court rules to keep Biden’s program. But still, that barely covers the interest rates their loans have accumulated over the years, she said.
This time around she ended up with $40,000 in student loan debt, which has almost doubled to about $70,000 over the past decade because of compounded interest. Brown also has a $17,000 Parent Plus loan — federal loans that parents of dependent undergraduate students can use — from when her 31-year-old son was studying sound engineering at an art institute in Boston.
Brown’s son still has about $50,000 in student debt despite being one of the thousands of North Carolinians who received some student loan relief as part of a multistate settlement with Navient, one of the nation’s largest student loan servicers, over allegations of unfair and deceptive student loan servicing and predatory lending practices,'s office. He also applied to the currently blocked student loan forgiveness program and is waiting to hear back.
Remember. Don't vote for Republicans.
Biden lied to get your vote. You signed for a loan. Be a Responsible. Be Accountable. TaxPayers Do Not Deserve Your Burden.
Republicans continue to prove that they only care about hurting people
Maybe, and here's a wild idea, we should reform the universities charging ridiculous amounts instead.
Maybe they are looking in the wrong direction. Why should a plumber or electrician have to shoulder their debt when most of these over-charging universities are sitting on MILLIONS in endowment money? They need to lower their tuitions. That is the fair solution, not a nanny state
Who were scammed for their vote
TwitterFiles
I worked stupid numbers of hours and paid off mine just before covid. Out of a new computer, car, and house--which I can't afford now due to the current market. They aren't even offering anything to those that did the right things. How about we look at reforming the loan system?
NBC = DNC media Criminals.
They can get relief, when they pay their bills, like everyone else.
Did you talk to a dozen former students that did pay their loans off?
forget SCOTUS and give us the right to go bankrupt on them... CancelStudentDebt
Talk to people with mortgages and I bet 100% support mortgage forgiveness
Nicolemarie_A Lol, those debtors need remedial civics education
And they were upset they didn’t get free money?
MahanSadrat is going to be executed, no, to be murdered, by the islamic regime, for doing nothing, spread his name please 😔 he's innocent ..
What about the Twitter files?
If she was a teacher, why didn't she do PSLF and her loans would have been forgiven in 10 years. I don't mind the delay, I have 6 months left on PSLF. 3.5 years of my 10 year repayment was already forgiven due to the pandemic. Score!
You took out a loan you pay it back
Morales-Bartlett had a college debt of $89,000 from 1991. She still owes $19,000, and has paid on average $2,300 a year towards her debt. This former teacher should teach a class on how to string out a debt for 40 years that should be paid in under 10 years.
But facts about woke liberal censorship is covered up