This article features an interview with Sonia Lewis, the founder and CEO of the Student Loan Doctor.
in our country…if an African American woman [has] student loan debt, let’s say [she is] age 40…well, she goes right back into the debt [at] 55 for a Parent Plus Loan. We see that because she has to allocate her resources to pay off the debt…now her child has to go to school, so now she’s re-entering the student loan game at a higher and worse margin because Parent Plus Loans have a higher interest rate and less flexibility. So now we see this woman, let’s say she’s 80 or 90, she passes away.
: That is actually something we’re working on for 2020, it’s funny you say that…we’ve been brought in to do Lunch and Learns for the city of Philadelphia and other major organizations and companies. It may start with us providing a free workshop or a series of workshops for free…to teach them on their lunch break…the reality is…if a person is subjected to wage garnishment, the employer has to provide that over to the Department of Education, within 15 days of receiving that letter.
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