Date of Award
Summer 8-24-2024
Document Type
Dissertation in Practice
Degree Name
Ed.D.
Organizational Unit
Morgridge College of Education, Higher Education
First Advisor
Mike Hoa Nguyen
Second Advisor
D-L Stewart
Third Advisor
Sarah Hurtado
Copyright Statement / License for Reuse
All Rights Reserved.
Keywords
Black feminist theory, Black women, Federal student aid, Federal student loans, Income driven repayment, Public service loan forgiveness (PSLF)
Abstract
Black women who attend college in the United States are more likely to borrow to cover the cost of attendance and carry the largest amount of student loan debt than any other racial and gender group. Federal student loan borrowers are encouraged to work in public service to take advantage of the Public Service Loan Forgiveness Program (PSLF), an income-driven repayment program established by the College Cost Reduction and Access Act (CCRAA) of 2007. PSLF offers total debt relief after ten years of uninterrupted full monthly payments based on an income-driven repayment plan. The significance of this qualitative study will provide insight to policy makers on the ways the CCRAA hurts Black women who experience racial and gender-based oppression in the workforce, housing, and financial institutions. Through a Black Feminist lens, the study aims to answer the following questions in semi-structured interviews: What are the experiences of Black women who participate in the PSLF program; what are the post graduate financial practices of Black women who participate in PSLF; and how has participation in PSLF impacted Black women’s career choices? Research participants are Black women who participated in the PSLF program and who earned at least a bachelor’s degree after October 2007, the date of participation eligibility for PSLF as established by the CCRAA. Study implications may give policy makers insight on the impact of repayment programs on marginalized borrowers and identify recommendations on providing emancipatory debt relief for everyone.
Copyright Date
8-2024
Publication Statement
Copyright is held by the author. User is responsible for all copyright compliance.
Rights Holder
Ashley Patrice-Rose Sherman
Provenance
Received from Author
File Format
application/pdf
Language
English (eng)
Extent
133 pgs
File Size
1.3 MB
Recommended Citation
Sherman, Ashley Patrice-Rose, "Paycheck-to-Paycheck: How Public Service Loan Forgiveness Inhibits Generational Wealth Attainment for Black Women" (2024). Electronic Theses and Dissertations. 2460.
https://digitalcommons.du.edu/etd/2460
Included in
African American Studies Commons, Education Economics Commons, Education Policy Commons, Finance and Financial Management Commons, Higher Education Commons, Public Policy Commons, Sociology Commons