Florida-based mom pays off $40K in student debt after living 'paycheck to paycheck'
Michelle Schroeder-Gardner paid off her college loans through hard work; meanwhile, two money experts — Brian Brenberg and Dave Ramsey — weighed in on debt forgiveness notions
President Joe Biden recently extended the student loan repayment pause until August 31 — the fourth such time he's extended federal loan student repayment as president.
Over the past few months, some prominent Democrats have urged him to extend the payment pause further, while Biden has indicated he might cancel student debt via executive action.
Meanwhile, many hardworking, play-by-the-rules Americans have diligently paid off their student loans as a matter of personal responsibility. Many are still in the process of doing so. They believe in taking care of their obligations; for them, it's the right thing to do.
Schroder-Gardner sold clothing online, did freelance writing, started a website and took part in online studies to make extra cash, she explained — all on top of holding down a 40-hour-a-week full-time job.
College graduate and new mom Michelle Schroeder-Gardner, based in Florida, explained how she paid off $40,000 in student loans in less than a year — while two money experts, Brian Brenberg and Dave Ramsey, weighed in on the dangers of student loan cancellation.
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