Arcadia grad, managing director for Student Debt Crisis Center shares thoughts regarding loan forgiveness

Sabrina Calazans, a 27-year-old graduate of Arcadia University in Glenside and a managing director for Student Debt Crisis Center, a Los Angeles-based nonprofit, recently shared her thoughts with The Los Angeles Times regarding student loan forgiveness now that President Biden’s term is nearly complete.

Biden promised a student loan cancellation program during his run for the presidency. According to the article, Trump has not announced his plans for loan forgiveness, and student loan cancellation was not a focus of Trump’s or Vice President Kamala Harris’ campaigns this year.

Calazans’ payments are on hold, but she could soon face a monthly payment of over $300, the article said. She owes about $30,000 on federal student loans from her college days at Arcadia.

“As a first-generation American, I live at home with my family, I contribute to our household finances, and that payment is a lot for me and so many others like me,” said Calazans, who is originally from Brazil.

Calazans in 2022

In her role with the Student Debt Crisis Center, Calazans said she has been telling people to stay up to date on developments by using the loan simulator on the Federal Student Aid website and reading updated information on forgiveness qualifications and repayment programs.

“There’s a lot of confusion about student loans,” Calazans said, and not just among young people. “We’re seeing a lot of parents take out more debt for their children to be able to go to school. We’re seeing older folks go back to school and having to take out loans as well.”

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Photos: SDCC, Getty Images