As the Supreme Court considers Biden's student debt relief program this week, we spoke to borrowers about their experiences.
Richelle Brooks immediately applied for debt forgiveness when the application was released by the Education Department late last year, and her application was accepted. She’s held federal student loans since about 2014, starting from her undergraduate degree and now including graduate school. She said her balance has grown substantially, and she’s accumulated about $35,000 in interest.
Brooks’ kids are preparing for their own college journeys now. “We’re planning for their next steps—and what a terrible feeling it is to plan for it without any idea of how you’re going to be able to fund it.” Brooks is working three jobs to try to save up whatever she can for her kids’ college expenses, even considering joining the military so their education could be paid for.
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