The debt is now higher than it has ever been before at 107% of the economy and is still climbing. To make matters worse, Hope’s grandparents just saw their Social Security benefits cut by 21% because the Social Security trust fund ran out of money. Hope’s parents are helping to support them instead of saving for Hope’s college. In three years, Hope will have to take out large student loans with interest rates rising rapidly because of the mounting debt.
Hope is feeling uncertain about her future.