Angela Found a Path Forward After a Financial Aid Setback

After a financial aid delay contributed to more than $26,000 in debt, Angela, a single mother and disabled veteran pursuing a PhD, enrolled in GreenPath’s Debt Management Program. She lowered her monthly payment and is working toward a projected five-year payoff.

A Struggle to Manage High-Interest Debt

Angela relied on disability income while pursuing a PhD in clinical psychology. Required clinical hours left little time for additional work.

A financial aid error delayed her payment nearly 60 days, leaving her without funds for essential expenses for herself and her son.

Local San Antonio organizations could not provide assistance because her income exceeded eligibility limits.

To bridge the gap, Angela used high-interest loans, adding repayment pressure to an already tight budget.

“Here we go again…Am I ever going to get out of this cycle of borrowing and having to pay it back with high interest?”

How Angela Found Nonprofit Debt Counseling

Angela was balancing school, parenting, living expenses and a long-term goal of serving others.

Wounded Warrior Project connected Angela with GreenPath Financial Wellness, where free, nonjudgmental financial counseling helped her explore options for addressing her high-interest loans.

What is Debt Counseling?

“From the very first conversation, I felt like the counselor genuinely wanted to understand my situation and help me find solutions. Talking about finances can be uncomfortable, but I never felt judged.”

On GreenPath’s Debt Management Program

The Projected Results: $26,353 in Debt on a Path to Payoff*

Angela reviewed her income, expenses, debt and goals with a GreenPath financial counselor and chose a Debt Management Program.

Angela is on track to pay off $26,353 through the Debt Management Program in five years.

Adjusted repayment terms created about $200 in monthly breathing room for essentials.

She is projected to save nearly $21,000 in interest compared with her previous repayment terms.

She tracks her debt payoff progress in the MyGreenPath app while pursuing her PhD in San Antonio, with graduation expected in 2027.

Learn About the Debt Management Program

*Individual results vary based on factors such as creditors, interest rates, fees, and each person’s financial situation.

What Angela Learned

High-interest loans can make it difficult to recover from an income gap.

Having a realistic debt repayment strategy provided a clearer path forward.

Lower monthly payments created more room for essential expenses.

A clear payoff timeline helped her see her progress.

Financial counseling helped her understand her options and prepare for future challenges.

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