The judgment by the Supreme Court has shocked but not amazed those who have student loan debt.
Amanda Fortunato, 32, has been repaying her school loan debt while she was 25 (including throughout the COVID-19 payment suspension), but there is still a sizable balance due.
She is concerned regarding “how to get it to work” with the debt and anticipated childcare fees for the kid due in January after the U.S. Supreme Court rejected President Joe Biden’s plan to cancel student loans. She claims that the choice demonstrates serious disapproval for borrowers from the middle class.
Fortunato says to Fortune, “You’ll go to university to attempt to move forward in life, and rather it’s similar to feeling bound. The first generation to be predicted to do poorly than their parents is the millennial generation. The cause is not obvious.”