‘My face hurt from smiling': After 20 years, this artist got $60,000 in student loan debt forgiven

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The Biden administration announced it would forgive $39 billion in student debt for hundreds of thousands of borrowers. Wendee Goles found out she qualified.

. Under those plans, people are supposed to get their loans forgiven after 20 years or 25 years of payments, but in many cases that wasn't happening.Balancing life dreams and monthly bills

Still, Goles' monthly student loan bill, which was last around $450, meant that she always had to balance trying to make it as an artist and raising two children with working other jobs. When her husband lost his job a little before 2008, it was an especially hard time. She put her student debt into forbearance, and it grew faster from interest.The debt was constantly on her mind.

Although it was hard to believe at first, she's finally coming around to the idea that she doesn't have student debt any more.

 

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