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'It feels like enslavement': This working mom owes $240,000 in student loans. Now she's fighting for full cancellation to live her American Dream 'freely.'
Insider via Yahoo ^ | August 28, 2022 | Taylor Ardrey

Posted on 08/28/2022 12:02:29 PM PDT by grundle

One of Richelle Brooks' dreams is to send her two children to college without taking out any loans. She knows firsthand how taking out a loan to pursue higher education can amount to crippling debt.

"My daughter wants to be an anesthesiologist. My son wants to be a computer engineer. Two little Black kids want this for their future," Brooks, 35, told Insider. "And this country is telling me it's impossible for me to get them there. It's a terrible, hopeless feeling."

Brooks borrowed $203,000 collectively to attend undergrad, graduate, and doctoral studies. And over the years, has accumulated over $30,000 in interest.

"Yeah, $240,000," Brooks said.

In 2020, she decided to politicize her inability to pay back her loans. Apart of the Debt Collective, she joined a group of strikers called the "Biden Jubilee 100," calling on the president to cancel student debt within the early days of being in office.

Brooks' American dream is simple.

"My hope is that if my student loan debt balance is canceled, I can start saving for them and planning for their future," she said. "But I'm also hoping that we can get a free college education so that I don't have to also worry about how to finance their future either."

Living in California as a single mother is financially taxing, she said. She works as a principal in South Los Angeles, a career which she adores, but she often has to have a side hustle to live comfortably.

With the burden of student loan debt, saving money for the future is not a luxury for many Black borrowers.

(Excerpt) Read more at yahoo.com ...


TOPICS: Miscellaneous
KEYWORDS: biden; debt; debtcancellation; education; richellebrooks; taylorardrey; yahoo; yahoonews
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1 posted on 08/28/2022 12:02:29 PM PDT by grundle
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To: grundle

What the heck does race have to do with this? Are they exempt from consequences because of the color of their skin? What happened to this country?


2 posted on 08/28/2022 12:03:30 PM PDT by rarestia (“A nation which can prefer disgrace to danger is prepared for a master, and deserves one.” -Hamilton)
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To: grundle

Deadbeat.


3 posted on 08/28/2022 12:04:23 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire, or both.)
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To: grundle
"Dr" Brooks ain't missing many meals, we can infer that much.


4 posted on 08/28/2022 12:04:34 PM PDT by nascarnation (Let's Go Brandon!)
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To: grundle

maybe they should have done these calculations before they signed the papers


5 posted on 08/28/2022 12:05:10 PM PDT by joshua c (to disrupt the system, we must disrupt our lives)
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To: grundle

You decided to borrow the money.

Pay it back.


6 posted on 08/28/2022 12:06:06 PM PDT by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents)(Know Islam, No Peace - No Islam, Know Peace)
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To: grundle

“She works as a principal in South Los Angeles”

So that’s why the story doesn’t mention what her dregrees are in. Education.

A monkey could pass those classes.

I tried to get a C in one, I didn’t study, didn’t read the book, even answered tests with eenie-meenie-miney-moe. I kept getting As.


7 posted on 08/28/2022 12:06:20 PM PDT by CottonBall (I believe this is the angrieist i have seen the democrats since we took away their slaves.)
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To: grundle

Not feeling her ‘pain,’ at all.

Further proof that even people with ‘PhD’ behind their name’s are utter idiots.


8 posted on 08/28/2022 12:06:32 PM PDT by cranked
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To: grundle

Oddly, no mention of any attempt to pay back loans voluntarily taken out.


9 posted on 08/28/2022 12:07:28 PM PDT by chief lee runamok (Expect Nothing)
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To: nascarnation

ENTITLED PARASITES!


10 posted on 08/28/2022 12:07:34 PM PDT by TigerHawk (The Raised Middle Finger in the Clenched Fist of the World!)
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To: grundle

What about the father’s contribution?


11 posted on 08/28/2022 12:07:37 PM PDT by leaning conservative (snow coming, school cancelled, yayyyyyyyyy!!!!!!)
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To: grundle

What is her degree in? Underwater basket weaving or theater arts?


12 posted on 08/28/2022 12:07:56 PM PDT by dearolddad
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To: grundle

She can’t pay back a student debt on a Principle’s salary ???? Something is wrong here ...


13 posted on 08/28/2022 12:08:32 PM PDT by Ken522
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To: grundle

“Two little Black kids want this for their future,”

So black kids have dreams for their future. White kids don’t? Why are THEY special? I am so sick of this s**t!

And if she owes a ton of money for anything, including exorbitant school loans, she shouldn’t be popping out babies. Be responsible, for Pete’s sake!


14 posted on 08/28/2022 12:08:44 PM PDT by MayflowerMadam (Sometimes when you get to where you're supposed to be, it's too soon.)
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To: grundle
Assumed $200K in loans knowing she couldn't pay them...and assuming her glorious socialist gov't. would cancel the debt.

All that debt for a HS principal job. Now she wants you to pay. Bah! She can work the street for cash.

15 posted on 08/28/2022 12:08:51 PM PDT by citizen (Thieves of private property pass their lives in chains; thieves of public prop. in riches and luxury)
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To: dearolddad

She’s a school principal so likely in Education, like Doctor Jill.


16 posted on 08/28/2022 12:08:59 PM PDT by nascarnation (Let's Go Brandon!)
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To: rarestia
Apparently she paid $205,000 for a Degree worth $50,000.

She should be suing the College for price gouging.

17 posted on 08/28/2022 12:10:00 PM PDT by fedupjohn (Waiting for Trump's new Caribbean Resort "Club Gitmo" to open for business! )
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To: grundle
Brooks borrowed $203,000 collectively to attend undergrad, graduate, and doctoral studies.

She's an idiot.

18 posted on 08/28/2022 12:10:25 PM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: grundle
She's a principal, the salary of which in California is pretty high, why can't she pay her debts? She's also got two kids, presumably out of wedlock. Why did she have kids without a husband around?

Her inability to pay off her debt is due to her own poor choices, which doesn't equate to anyone's problem other than her own.

19 posted on 08/28/2022 12:11:11 PM PDT by GaryCrow
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To: grundle
With the burden of student loan debt, saving money for the future is not a luxury for many Black borrowers.

The negroes in particular need to learn that making bad financial decisions has monetary consequences.

20 posted on 08/28/2022 12:11:35 PM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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