I looked at the article to see if they showed pics of the house or cars.
I don't know much about student loans but, from reading the article, you can get living expenses along with money to pay for your tuition, classes, and incidental expenses (books,labs, etc). That just doesn't seem right to me.
It's been a good while but when I was in school you could get $1500 as a freshman, $2500 as a sophomore, and $4500 as a junior and senior. The school took the tuition part and dispersed the rest to you. These were government loans. Where a lot of people run afoul is with private loans.
I'm thinking she had a huge wardrobe of designer clothes, a decent car, spent a lot eating out etc.
Not trying to be sexist here, but I've found most women that haven't saved for retirement haven't done so because they spent their money on clothes, shoes, hair etc, men spend it on motorcycles, cars, guitars. I knew quite a few students that blew their financial aid on everything except educational expenses, because it is often the first time in their lives they have that much money, its the same with the freedom they suddenly have, they do everything except go to class.
Colored you mean American NegroSo it should be forgiven because she's colored??????
Some people actually sold themselves into slavery, indentured servitude, her bringing it up here is like rubbing salt into their wounds.'It feels like enslavement': This working mom owes $240,000 in student loans. Now she's fighting for full cancellation to live her American Dream 'freely.'
"It always feels like we're drowning, and as soon as we come up for air, we're pushed back under again." Richelle Brooks, a principal in South LA, said.www.yahoo.com
$240k in loans ......
