Elizabeth Hill saw going to college as her way out of poverty. But 26 years later, she is still paying back student loans, with around $145,000 still left to go.
“I’ve been able to stay afloat, but I do not have $145,000 to give them,” Hill said. “My debt-to-income ratio has impacted my ability to do things because I’ve got this six-figure loan just sitting there on my credit report.”
Hill is a therapist who specializes in care for Black, brown, indigenous, queer and trans people. And as an autism assessor, she was relying on an Obama-era plan to have her loan forgiven. She said she signed up for a consolidation plan, and if her loan was in good standing for 20 years, her loan would be forgiven.
That option has…