Americans stress over ‘unshakeable burden’ of student loan payments

Borrowers are awaiting relief from the Biden administration while the pause on federal student loan repayment is set to expire 30 September

Michelle Kajikawa of Portland and her husband currently owe more than $150,000 in student loans from his law degree and her social work and teaching degrees, obtained between 1995 and 2003. She is an elementary school teacher, and her husband works as a public defender, while caring for two children.

“The yoke of student debt has completely overshadowed every aspect of our finances,” said Kajikawa. “We have always lived paycheck to paycheck, even as our salaries grew.”

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