(Madison, WI)  —  The Madison College dean of access and student success says the president’s executive order erasing student loan debt will be life-changing for some.  Keyimani (kee-MON-ee) Alford says some borrowers were never able to catch up, financially, while burdened with those loan payments.  Millions of Americans will have up to 20-thousand dollars of debt eliminated by this week’s order.  Alford says the students have had bad credit ratings due to loan defaults in some cases.  This will give them a fresh start.  Seven-and-a-half million borrowers nationwide actually have loans that are in default presently.

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