A little teaser for my next video piece on student loan debt!
Corrina Giglio, 40, and her friend Laxman Giri, 31, stumbled upon yesterday’s demonstration at Union Square by accident. Occupiers were protesting tuition hikes and student loan interest rates, and many were demanding a one time government bail out, as well.
Proponents of the bail out say that it will put money directly into the hands of consumers, stimulating the economy.
Giri said that he didn’t have student loans, but Giglio, who interpreted the event for him in American Sign Language, said that she had first hand experience.
Giglio said she borrowed $80,000 for her degrees - speech pathology at SUNY New Paltz and deaf education at McDaniel College in Westminster, MD.
“I’m always worried about the debt,” Giglio said. Not only does it weigh on her mind, but it affects her future, too, she said.
“I don’t even think about buying a house. I know it’s something I’ll never be able to do because of my loans,” she said.