'College is what they've always wanted,' Danet Henry told Insider of her two daughters. 'Especially my oldest — she knew she was going straight to college. And when my youngest said she was going to go, I wasn't going to stop her.'
When Danet Henry's two daughters were born, she didn't think she'd be funding their educations on her own.
"College is what they've always wanted," Henry, 53, told Insider."Especially my oldest. She knew she was going straight to college. And when my youngest said she was going to go, I wasn't going to stop her." Henry took out the maximum amount for her older daughter, who graduated in three and a half years from a public college in 2021 with a partial scholarship and roughly $8,000 in student loans per semester under her own name, as well. Henry now has almost $49,000 in student debt that she anticipates will double once her younger daughter graduates from college in 2025, given that lenders don't typically start collecting payments until six months after a student's completion of school.
Henry said she was aware that since she took out loans, it was her obligation to repay them. But with the number of loan-repayment and -forgiveness programs out there, she wished parents like herself could be included in some form of assistance or relief, rather than paying the cost of sending their kids to college for the better part of the rest of their lives.
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