On The View on Tuesday, Whoopi Goldberg read from a New Yorker article that details how some people live with growing student debt well into their 80s and 90s. The piece she read from details, among others, the story of Betty Ann who faced bullying and abuse as she strove to get a law degree at NYU and whose debt for that course has ballooned as she aged to an insurmountable number. Student loan debt is the only kind of debt that cannot be eradicated by declaring bankruptcy.
GOLDBERG: “In 1983, at age 52, Betty-Ann enrolled at NYU's law school, she borrowed $29,000 in federal loans. She now owes over $329,000. She is 91. She sold her family furniture to make loan payments. wonders if without the dead, she could have stayed in a home she once owned. Listen, these are the debts you need to forgive. Because people who are in their 70s and 80s may not be making the same money they made in their 50s and 60s. You need to forgive this. You need to forgive. This is ridiculous.”
