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Student loan borrower among millions waiting to see if debt will be canceled

Student loan interest freeze: Check if your loan is eligible
Posted at 6:06 AM, Feb 26, 2021
and last updated 2021-02-26 07:34:11-05

KANSAS CITY, Mo. — Eyes are on Washington to see if President Joe Biden's campaign promise of forgiving student loan debt is kept.

Dala Loomer owes $60,000 in student loan debt. Loomer is among millions of American's waiting to see if the debt is forgiven.

"I'm not sure that I put that much faith in politicians, to be honest with you, but I certainly hoped that might be the case, at least some of it forgiven," she said.

Talk of wiping out student loan debt comes as many people are still looking to reenter the workforce after losing jobs during the pandemic.

Loomer said she lost her job, but still makes payments on her debt.

Despite the desire to see what she owes forgiven, Loomer understands arguments against canceling the debt.

"I do agree if you take on debt you are responsible for the agreements that you made. However, in order to contribute any significant amount to the economy, you have to have an education. I fall in the group where I'm, quote, too wealthy for like the grants, but yet I don't make enough to pay for mine and my kids' education out of cash," she explained.

In a CNN town hall on Feb. 16, Biden said he would commit to forgiving $10,000 of student loan debt, but not $50,000 like some Democrats would like.

41 Action News contacted the offices of several local members of Congress to see whether they support or oppose canceling student loan debt, but so far have not heard back.