• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Sunday, May 18, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Meet a teacher with $44,000 in student debt who is worried she’ll be thrown back into repayment in a few months without the public service relief she was promised

May 21, 2023
in Uncategorized
Meet a teacher with $44,000 in student debt who is worried she'll be thrown back into repayment in a few months without the public service relief she was promised
Share on FacebookShare on TwitterWhatsapp
  • Cherie Vaughn, 57, has $44,000 in student debt after working in public service for decades.
  • She’s waiting for her PSLF paperwork to be processed to receive debt relief.
  • But she’s worried her account will not be up to date before student-loan payments resume this year.

Top editors give you the stories you want — delivered right to your inbox each weekday.
Loading Something is loading.
Thanks for signing up!
Access your favorite topics in a personalized feed while you’re on the go.

By clicking ‘Sign up’, you agree to receive marketing emails from Insider
as well as other partner offers and accept our
Terms of Service and
Privacy Policy.

Cherie Vaughn, 57, anticipates she’ll have to resume student-loan payments in a few months alongside millions of other borrowers.

That’s even after serving nearly three decades in public service, making her eligible for full loan forgiveness.

After Vaughn graduated with a bachelor’s degree in 1993, she went right into public school teaching. She later decided to pursue her master’s and doctorate degrees in the field over the next decade. From all of those degrees combined, she held about $72,000 in student loans, and after decades of payments, that balance now stands at $44,000, according to documents reviewed by Insider.

Given her decades-long experience working in public service, Vaughn applied for the Public Service Loan Forgiveness (PSLF) program, which is intended to forgive student debt for government and nonprofit workers after ten years of qualifying payments. She made use of the limited-time waiver President Joe Biden’s Education Department implemented in October 2021, which allowed borrowers to apply past payments, even those previously deemed ineligible for the program, toward relief. 

That’s just what Vaughn needed, given that she originally had loans that were not held by the government and did not qualify for PSLF. She consolidated her debt in federal loans, applied for PSLF, and submitted all required documentation, but her payment status continues to state she has seven more years of payments to go.

“When you go into teaching or any public service job, honestly, it’s not for the money,” Vaughn told Insider. “So it’s very disheartening when you think that you’re entering your career and you’re going to be able to take advantage of PSLF and be able to release it in ten years, but now I’m still waiting and it probably wasn’t the smartest thing to do.”

Vaughn is one of many borrowers waiting for MOHELA, the student-loan company that manages PSLF, to process her paperwork and update her payment count. The Education Department announced earlier in May that 615,000 borrowers have gotten $42 billion in debt relief since October 2021 due to the temporary waiver, and while it said it will continue processing paperwork for borrowers who submitted before the deadline, Vaughn said she’s worried the backlog won’t be resolved in time for the student-loan payment resumption this year.

Currently, payments are scheduled to resume 60 days after June 30, or 60 days after the Supreme Court issues a final decision on the legality of Biden’s broad plan to cancel up to $20,000 in student debt for federal borrowers — and Education Secretary Miguel Cardona confirmed last week that his department is preparing for that resumption, with or without the broad loan forgiveness.

“I am hoping that something changes but I obviously have it in my head that the payments are going to restart, and to me it just seems just bottom line really unfair,” Vaughn said.

‘I’m not asking for anything I didn’t think I was going to get 15 years ago’

After Biden announced his broad debt relief plan in August, two conservative-backed lawsuits succeeded in pausing the implementation of that plan in November. Now, millions of borrowers are waiting for a Supreme Court decision on the legality of the relief — expected by the end of June — which will determine whether they have to resume payments with or without an up to $20,000 reduction to their balances.

But that’s not top of mind for Vaughn right now.

“I’m not asking for anything I didn’t think I was going to get 15 years ago or 20 years ago,” Vaughn said. “I guess I’m just looking for the actual public service part of this loan forgiveness. I’m not asking anybody to wipe anything clean for me other than just what I was promised, what I thought I was going to get.”

Vaughn said she’s called MOHELA and emailed the company a number of times to attempt to get any updated information on the status of her payments, and after spending nearly two hours on hold waiting to speak to a customer service representative, she said she was told that “we’re still in the process.”

“My fear is that we’re going to get to the end of the loans being frozen and we’re going to start back to payments again and I’m going to continue to pay,” she said.

Insider has previously spoken to other borrowers experiencing difficulty getting help from MOHELA, particularly when it comes to PSLF. But a core cause of the challenges that borrowers are facing is a lack of funding — while Biden requested increased funding for Federal Student Aid, Congress held the office’s funding at the same level as last year, and the long customer service wait times are a result of limited resources. 

That funding will also be crucial in carrying out Biden’s plans to overhaul the student-loan servicing system in the coming years and improve the customer service experience for borrowers. But the first task at hand, Vaughn said, should be fulfilling a promise made decades ago to people who spend their careers in public service — especially before they are thrown into repayment once again.

“I’m too afraid to commit to a long-term investment of any kind because I don’t know if I’m going to have a loan due soon,” Vaughn said. “The money that I would be spending on student loans well exceeds the ten years of qualifying payments, and that could have gotten toward retirement or put to better use than sitting in limbo.”

Do you have a story to share about student debt? How are you feeling about the upcoming student-loan payment resumption? Share your story with this reporter at asheffey@insider.com.

xosotin chelseathông tin chuyển nhượngcâu lạc bộ bóng đá arsenalbóng đá atalantabundesligacầu thủ haalandUEFAevertonxosofutebol ao vivofutemaxmulticanaisonbethttps://bsport.fithttps://onbet88.ooohttps://i9bet.bizhttps://hi88.ooohttps://okvip.athttps://f8bet.athttps://fb88.cashhttps://vn88.cashhttps://shbet.atbóng đá world cupbóng đá inter milantin juventusbenzemala ligaclb leicester cityMUman citymessi lionelsalahnapolineymarpsgronaldoserie atottenhamvalenciaAS ROMALeverkusenac milanmbappenapolinewcastleaston villaliverpoolfa cupreal madridpremier leagueAjaxbao bong da247EPLbarcelonabournemouthaff cupasean footballbên lề sân cỏbáo bóng đá mớibóng đá cúp thế giớitin bóng đá ViệtUEFAbáo bóng đá việt namHuyền thoại bóng đágiải ngoại hạng anhSeagametap chi bong da the gioitin bong da lutrận đấu hôm nayviệt nam bóng đátin nong bong daBóng đá nữthể thao 7m24h bóng đábóng đá hôm naythe thao ngoai hang anhtin nhanh bóng đáphòng thay đồ bóng đábóng đá phủikèo nhà cái onbetbóng đá lu 2thông tin phòng thay đồthe thao vuaapp đánh lô đềdudoanxosoxổ số giải đặc biệthôm nay xổ sốkèo đẹp hôm nayketquaxosokq xskqxsmnsoi cầu ba miềnsoi cau thong kesxkt hôm naythế giới xổ sốxổ số 24hxo.soxoso3mienxo so ba mienxoso dac bietxosodientoanxổ số dự đoánvé số chiều xổxoso ket quaxosokienthietxoso kq hôm nayxoso ktxổ số megaxổ số mới nhất hôm nayxoso truc tiepxoso ViệtSX3MIENxs dự đoánxs mien bac hom nayxs miên namxsmientrungxsmn thu 7con số may mắn hôm nayKQXS 3 miền Bắc Trung Nam Nhanhdự đoán xổ số 3 miềndò vé sốdu doan xo so hom nayket qua xo xoket qua xo so.vntrúng thưởng xo sokq xoso trực tiếpket qua xskqxs 247số miền nams0x0 mienbacxosobamien hôm naysố đẹp hôm naysố đẹp trực tuyếnnuôi số đẹpxo so hom quaxoso ketquaxstruc tiep hom nayxổ số kiến thiết trực tiếpxổ số kq hôm nayso xo kq trực tuyenkết quả xổ số miền bắc trực tiếpxo so miền namxổ số miền nam trực tiếptrực tiếp xổ số hôm nayket wa xsKQ XOSOxoso onlinexo so truc tiep hom nayxsttso mien bac trong ngàyKQXS3Msố so mien bacdu doan xo so onlinedu doan cau loxổ số kenokqxs vnKQXOSOKQXS hôm naytrực tiếp kết quả xổ số ba miềncap lo dep nhat hom naysoi cầu chuẩn hôm nayso ket qua xo soXem kết quả xổ số nhanh nhấtSX3MIENXSMB chủ nhậtKQXSMNkết quả mở giải trực tuyếnGiờ vàng chốt số OnlineĐánh Đề Con Gìdò số miền namdò vé số hôm nayso mo so debach thủ lô đẹp nhất hôm naycầu đề hôm naykết quả xổ số kiến thiết toàn quốccau dep 88xsmb rong bach kimket qua xs 2023dự đoán xổ số hàng ngàyBạch thủ đề miền BắcSoi Cầu MB thần tàisoi cau vip 247soi cầu tốtsoi cầu miễn phísoi cau mb vipxsmb hom nayxs vietlottxsmn hôm naycầu lô đẹpthống kê lô kép xổ số miền Bắcquay thử xsmnxổ số thần tàiQuay thử XSMTxổ số chiều nayxo so mien nam hom nayweb đánh lô đề trực tuyến uy tínKQXS hôm nayxsmb ngày hôm nayXSMT chủ nhậtxổ số Power 6/55KQXS A trúng roycao thủ chốt sốbảng xổ số đặc biệtsoi cầu 247 vipsoi cầu wap 666Soi cầu miễn phí 888 VIPSoi Cau Chuan MBđộc thủ desố miền bắcthần tài cho sốKết quả xổ số thần tàiXem trực tiếp xổ sốXIN SỐ THẦN TÀI THỔ ĐỊACầu lô số đẹplô đẹp vip 24hsoi cầu miễn phí 888xổ số kiến thiết chiều nayXSMN thứ 7 hàng tuầnKết quả Xổ số Hồ Chí Minhnhà cái xổ số Việt NamXổ Số Đại PhátXổ số mới nhất Hôm Nayso xo mb hom nayxxmb88quay thu mbXo so Minh ChinhXS Minh Ngọc trực tiếp hôm nayXSMN 88XSTDxs than taixổ số UY TIN NHẤTxs vietlott 88SOI CẦU SIÊU CHUẨNSoiCauVietlô đẹp hôm nay vipket qua so xo hom naykqxsmb 30 ngàydự đoán xổ số 3 miềnSoi cầu 3 càng chuẩn xácbạch thủ lônuoi lo chuanbắt lô chuẩn theo ngàykq xo-solô 3 càngnuôi lô đề siêu vipcầu Lô Xiên XSMBđề về bao nhiêuSoi cầu x3xổ số kiến thiết ngày hôm nayquay thử xsmttruc tiep kết quả sxmntrực tiếp miền bắckết quả xổ số chấm vnbảng xs đặc biệt năm 2023soi cau xsmbxổ số hà nội hôm naysxmtxsmt hôm nayxs truc tiep mbketqua xo so onlinekqxs onlinexo số hôm nayXS3MTin xs hôm nayxsmn thu2XSMN hom nayxổ số miền bắc trực tiếp hôm naySO XOxsmbsxmn hôm nay188betlink188 xo sosoi cầu vip 88lô tô việtsoi lô việtXS247xs ba miềnchốt lô đẹp nhất hôm naychốt số xsmbCHƠI LÔ TÔsoi cau mn hom naychốt lô chuẩndu doan sxmtdự đoán xổ số onlinerồng bạch kim chốt 3 càng miễn phí hôm naythống kê lô gan miền bắcdàn đề lôCầu Kèo Đặc Biệtchốt cầu may mắnkết quả xổ số miền bắc hômSoi cầu vàng 777thẻ bài onlinedu doan mn 888soi cầu miền nam vipsoi cầu mt vipdàn de hôm nay7 cao thủ chốt sốsoi cau mien phi 7777 cao thủ chốt số nức tiếng3 càng miền bắcrồng bạch kim 777dàn de bất bạion newsddxsmn188betw88w88789bettf88sin88suvipsunwintf88five8812betsv88vn88Top 10 nhà cái uy tínsky88iwinlucky88nhacaisin88oxbetm88vn88w88789betiwinf8betrio66rio66lucky88oxbetvn88188bet789betMay-88five88one88sin88bk88xbetoxbetMU88188BETSV88RIO66ONBET88188betM88M88SV88Jun-68Jun-88one88iwinv9betw388OXBETw388w388onbetonbetonbetonbet88onbet88onbet88onbet88onbetonbetonbetonbetqh88mu88Nhà cái uy tínpog79vp777vp777vipbetvipbetuk88uk88typhu88typhu88tk88tk88sm66sm66me88me888live8live8livesm66me88win798livesm66me88win79pog79pog79vp777vp777uk88uk88tk88tk88luck8luck8kingbet86kingbet86k188k188hr99hr99123b8xbetvnvipbetsv66zbettaisunwin-vntyphu88vn138vwinvwinvi68ee881xbetrio66zbetvn138i9betvipfi88clubcf68onbet88ee88typhu88onbetonbetkhuyenmai12bet-moblie12betmoblietaimienphi247vi68clupcf68clupvipbeti9betqh88onb123onbefsoi cầunổ hũbắn cáđá gàđá gàgame bàicasinosoi cầuxóc đĩagame bàigiải mã giấc mơbầu cuaslot gamecasinonổ hủdàn đềBắn cácasinodàn đềnổ hũtài xỉuslot gamecasinobắn cáđá gàgame bàithể thaogame bàisoi cầukqsssoi cầucờ tướngbắn cágame bàixóc đĩaAG百家乐AG百家乐AG真人AG真人爱游戏华体会华体会im体育kok体育开云体育开云体育开云体育乐鱼体育乐鱼体育欧宝体育ob体育亚博体育亚博体育亚博体育亚博体育亚博体育亚博体育开云体育开云体育棋牌棋牌沙巴体育买球平台新葡京娱乐开云体育mu88qh88
Share15Tweet10Send
Previous Post

I tested a private jet simulator. It was like playing a video game — but way more stressful.

Next Post

4 side hustles to try as a professional that don’t require any new skills or expertise

Related Posts

Is Cena's heel run a bust?
Entertainment

Is Cena’s heel run a bust?

May 18, 2025

Your lookahead horoscope: May 18, 2025

May 18, 2025
Mercury reaches 43 degree Celsius in Peshawar
Pakistan

Mercury reaches 43 degree Celsius in Peshawar

May 18, 2025
Israel says it intercepted missile from Yemen
World

Israel says it intercepted missile from Yemen

May 18, 2025
Israel airstrike kills at least 24 in Gaza as mediators host ceasefire talks
World

Israel airstrike kills at least 24 in Gaza as mediators host ceasefire talks

May 18, 2025
Israel airstrike kills at least 24 in Gaza as mediators host ceasefire talks
World

Israel airstrike kills at least 24 in Gaza as mediators host ceasefire talks

May 18, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    46 shares
    Share 18 Tweet 12
  • Saudi Arabia Launches World’s First Self-Driving Flying Taxi to Transport Hajj Pilgrims

    43 shares
    Share 17 Tweet 11
  • SingTel annual profit more than halves on $2.3bn impairment charge

    43 shares
    Share 17 Tweet 11
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.