Gig Worker Fears Crushing Student Debt Burden When Payments Resume

Helena, 58, has $145,000 in student debt that she's struggled to pay off due to inconsistent income over the years.
She took out loans to pay for bachelor's and master's degrees, but was unable to find steady employment after graduating during the Great Recession.
She's relied on gig jobs like Instacart to try to make payments, and has even sold items on eBay when possible to afford loan payments.
With payments set to resume in October after a pause, Helena is concerned about being able to afford the monthly bills on top of other expenses.
She feels "tremendously hopeless" about the debt burden and wishes she'd never pursued higher education given her current situation.

businessinsider.com

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Posted 9/10/2023, 11:03:00 AM