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Hasnain says:

This is from July but super relevant in light of all the debates around student loan forgiveness. It’s too easy to forget the all too real costs that these usurious loans have on people.

“The family made good on both: as ward chairwoman, Robert’s wife maintained the family home as a community backbone, and Betty Ann, who asked that she and her family members be identified by first name only, grew up with a steady stream of neighbors flowing through the house. Although her mother had no money, Betty Ann was a strong student and earned enough scholarships to receive a bachelor’s and master’s degree in education. In the next few decades, she worked as a public-school teacher in Pittsburgh and Harlem, in addition to raising two children as a single mother. But she grew increasingly frustrated by the marks of educational inequity—moldy lunches, low-grade reading materials—that plagued her classrooms. “I thought the only way that I could change things was to have a higher degree,” she told me.

In 1983, at the age of fifty-two, Betty Ann enrolled in New York University’s law school. As a middle-aged Black woman, she wasn’t exactly the typical N.Y.U. law student. Her white male classmates would slyly elbow her books off the long library tables, and once, while standing at her locker, a classmate waved a ten-thousand-dollar tuition check, signed by his father, in her face. Betty Ann had borrowed twenty-nine thousand dollars in federal loans. Today, she owes $329,309.69 in student debt. She is ninety-one years old.”

Posted on 2022-08-28T22:56:29+0000