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Student Debt Forgiveness Roundtable at Denmark Technical College w/ Rep. Clyburn and Sec. Cardona
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8/1/2024, 6:26 PM
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0:00 Remarks by Denmark Technical College President Willie L. Todd, Jr. 1:15 Remarks by Congressman James E. Clyburn 6:00 Remarks by Secretary of Education Miguel Cardona 15:31 Debra Jones, a 69-year-old retired instructor from Orangeburg, South Carolina, now lives in Murphy, NC. She had Stafford loans, both subsidized and unsubsidized, totaling $167,000, which have recently been forgiven. 17:39 Angelia Scott Jackson, a 55-year-old Business Educator from Hemingway, South Carolina, took out student loans totaling $128,000. Recently, she experienced complete forgiveness of this amount. 22:53 Leah Spann, a 43-year-old teacher from South Carolina, has recently experienced a significant milestone in her financial journey. With a student loan balance of $68,000, she was able to have the entire amount forgiven through the Public Service Loan Forgiveness (PSLF) program. 26:03 Skot Garrick, a 65-year-old municipal government staff member from Columbia, South Carolina, has been navigating his student loans for some time. He initially took out a Stafford subsidized loan with a balance of $8,600, which was later acquired by Nelnet. Recently, he received forgiveness for $4,974, which has significantly improved his financial situation as a single father with two children attending out-of-state college. 29:10 Perry D. Griffin, a 60-year-old ordained Presbyterian minister from Greenville, South Carolina, has navigated student loans with various lenders, including the Department of Education, Advantage, Navient Solutions, and Johnson C. Smith University. Initially borrowing $32,000, he recently received $75,265 in loan forgiveness, which has provided him with significant financial and mental relief. 34:32 Marlon Fox, a 65-year-old chiropractor from North Charleston, South Carolina, has been navigating the complexities of federal student loans for 35 years. Initially borrowing $60,000 at an 8% annual interest rate, he recently received forgiveness for $119,500, which has lifted a substantial weight off his shoulders.
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