Student loan debt impacts everyone, from celebrities to politicians, as Gina Rodriguez, Alexandria Ocasio-Cortez, and Kerry Washington have all shared their personal struggles with paying for college. Rodriguez revealed she finally paid off her NYU loans the same day she was nominated for a Golden Globe, while AOC admitted it was easier to become the youngest woman elected to Congress than to clear her student debt. Washington also stressed that she couldn’t have attended college without loans. As the debate over student loan forgiveness intensifies in Washington, programs like the SAVE plan offer hope for a more affordable solution.
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00:00Student loan debt is a burden that affects everyone, from Hollywood stars to even members
00:05of Congress.
00:06On The Late Show with Stephen Colbert in 2017, actor Gina Rodriguez shared,
00:11"'I paid my student loans off last year on the day I got nominated for my second Golden
00:16Globe.
00:17NYU is so expensive.
00:19College education is so expensive but so necessary.'"
00:23Even Congresswoman Alexandria Ocasio-Cortez, better known as AOC, has faced the same struggle.
00:29Sharing during a 2019 press conference,
00:32"'I have student loans, too.
00:34A year ago I was waiting tables, and it was easier to become the youngest woman elected
00:39to Congress than to pay off my student loan debt.'"
00:42Actress Kerry Washington also spoke about her reliance on student loans, saying in 2012
00:47that she, quote, "'could not have afforded college without them.'"
00:51These stories show how widespread the burden of student debt has become.
00:55But change might be on the horizon.
00:57The new SAVE plan is being touted as the most affordable student loan payment plan
01:01ever.
01:02For now, all SAVE participants have their payments paused in a forbearance period, and
01:07no interest will occur during this time.
01:09So keep an eye on the debates over student debt forgiveness raging in Washington.
01:14It's crucial to stay informed about what these policies mean for your educational and
01:18financial future.