Why student debt is a crisis for some borrowers

JORDAN HOEFT, Student Borrower:

So, I told them, almost as a joke, I said, I can either have you guys lower my payments, so I can make rent, and then pay you, or I can live in my truck and make the full payments to you every month. And the woman on the phone, dead serious, told me, "I don't want to tell you to have to live in your truck, but you might have to live in your truck."

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