'I was the sole provider': Why this first-generation college graduate has a $80K student debt two decades after enrolling in college

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'I was the sole provider': Why this first-generation college graduate has a $80K student debt two decades after enrolling in college
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With inflation pushing the cost of everything — from gas to child care — higher, Trisha Volosin said she’s worried about what will happen when the student loan payment pause expires. Her situation is much like millions of other borrowers.

When Trisha Volosin enrolled in a college as a single mom, she hoped to become the first in her biological family to earn a bachelor’s degree. Little did she expect that experience to saddle her with thousands of dollars in student-loan debt 20 years later.

Volosin’s chance to upgrade her life soon became a nightmare: Personal tragedy struck, forcing her to take a step back, and the college’s confusing directions on the credits and classes she needed to take to graduate delayed her graduation and added additional costs to the degree. — Trisha Volosin, mom-of-three, who attended the for-profit Kaplan University Prior to the pandemic payment pause on federal student loans that former President Donald Trump enacted in March 2020, she had been paying over $300 a month in debt she owed to the Department of Education.

Some 40 million borrowers hold $1.6 trillion in federal student loan debt. The payment pause is set to expire on Aug. 31. Meanwhile, President Joe Biden is reportedly considering canceling at least $10,000 in student debt per borrower by late summer, according to the Wall Street Journal. It was then that she decided to go to college. “No one graduated high school. No one went on to college,” she said.

She was also not getting the role she wanted because she didn’t have a college degree. So cradling her newborn, Volosin looked up online college options that she could handle while working full-time. “It was all so hard and all at once, but I ended up not even focusing on school,” she recalled. She ended up withdrawing temporarily.“‘It was all so hard and all at once, but I ended up not even focusing on school.’”

A spokesperson for Kaplan said federal education laws prevent Kaplan from fully addressing Volosin’s claims in detail, but said Kaplan did not overcharge Volosin for her program and nor did it require her to take unnecessary additional credits. “Further, Ms. Volosin’s student debt seems to come from her enrollment in multiple universities,” the spokesperson added.

She used tax refunds. She had reunited with her foster family, who helped out as well. She used extra paychecks she got from her accounting gig.But Volosin’s battle through the for-profit college is not an uncommon one, Kyra Taylor, a staff attorney at the National Consumer Law Center, told MarketWatch.

“‘We frequently see students who attended multiple institutions, and often attended multiple types of institutions — for-profit, non-profit, online, in-person, etcetera.”

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