BRYAN, Texas — Student debt, for millions of Americans, starts out as a small loan that turns into tens of thousands of debt post-graduation.
While student debt relief has been on hold for nearly 3 years now, those living in the Brazos Valley like Amber Robertson are concerned for the future as she plans for a helpful outcome for all.
What began as a grand beneficial gesture when President Joe Biden first announced relief for borrowers back in August has been soured because of how polarizing the issue is politically.
Furthermore, federal courts have gotten involved, dragging out the issue out and leaving Americans in search of debt relief feeling stranded.
"We're living for everyday, everyday, not knowing what's gonna come against today or tomorrow," said Robertson. "A person who has started college here and things like that and then had to go to a different school I think it was amazing."
Robertson started at a local college in town, but transitioned to Corinthians colleges, a private institution.
When the news of student debt cancellation came about in the midst of the pandemic, she was uncertain for not just herself, but others who were also in a similar situation.
"My school lost accreditation, which was very sad because now it pretty much puts anybody that went to a school who lost accreditation at the very bottom of the totem pole," said Robertson.
She feels like she's starting over as lawmakers continue to debate if borrowers will end up worse off financially post-pandemic.
Additionally, this comes off the heels of the Supreme Court decision to rule the fate of student debt cancellation, which will take place at the end of February.
While Robertson and others are concerned about what the outcome will be, financial advisor Jay Matters wants to remind people to think about the future before making major financial decisions that will affect you long-term.
He also advises people to get to know their debt and use financial programs to better comprehend what type of debt you have.
Ultimately, student debt remains an unknown factor in the futures of many Americans. Two court cases related to the issue are headed to the Supreme Court where they will begin to hear oral arguments on Feb. 28.
But who knows? This month could be the possible turning point to possibly eliminate thousands of dollars of debt for millions of Americans.