00:00Student loan debt is a burden that affects everyone, from Hollywood stars to even members
00:05of Congress.
00:06On The Late Show with Stephen Colbert in 2017, actor Gina Rodriguez shared,
00:11"'I paid my student loans off last year on the day I got nominated for my second Golden
00:16Globe.
00:17NYU is so expensive.
00:19College education is so expensive but so necessary.'"
00:23Even Congresswoman Alexandria Ocasio-Cortez, better known as AOC, has faced the same struggle.
00:29Sharing during a 2019 press conference,
00:32"'I have student loans, too.
00:34A year ago I was waiting tables, and it was easier to become the youngest woman elected
00:39to Congress than to pay off my student loan debt.'"
00:42Actress Kerry Washington also spoke about her reliance on student loans, saying in 2012
00:47that she, quote, "'could not have afforded college without them.'"
00:51These stories show how widespread the burden of student debt has become.
00:55But change might be on the horizon.
00:57The new SAVE plan is being touted as the most affordable student loan payment plan
01:01ever.
01:02For now, all SAVE participants have their payments paused in a forbearance period, and
01:07no interest will occur during this time.
01:09So keep an eye on the debates over student debt forgiveness raging in Washington.
01:14It's crucial to stay informed about what these policies mean for your educational and
01:18financial future.
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