North Carolina makes bipartisan effort to treat student loan borrowers fairly
May 27 RALEIGH Imagine being 17 years old, your mom has died and you are financially independent.
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Now imagine all of that taken away after an injury.
That s the story of 37-year-old Kanethia Rankin, who amassed around $70,000 in student loans after her injury cost her her scholarship.
She tried to dig her way out of the debt, but said she was placed on a payment plan that she cannot afford. I ve been trying to establish a payment plan that I can pay monthly to pull out of this debt and it s been impossible, Rankin said.