Desiree Veney, a senior at Morgan State University who qualified for potential loan forgiveness, said history is being made today.
Crowds of people are outside the US Supreme Court Tuesday ahead of oral arguments in two cases that could decide the fate of President Joe Biden's student loan forgiveness program.
"It's a very important day in history for not only me and also my peers," she told CNN.
Veney, who is also the vice president of her college's NAACP chapter, is from Harrisburg, Pennsylvania, but attends school in Maryland. This means she pays a lot more than some other students for out-of-state tuition, something she said will leave her at a disadvantage when she graduates.
Student debt has also prevented students at historically Black colleges and universities specifically from being able to invest or purchase homes, Veney said, expanding the racial wealth gap.
Debt forgiveness would be an "opportunity to create a stronger and a more stable foundation for my family and to create generational wealth afterward," she said, adding that it would give her more financial security after graduation and help further continue her education.
"If given this opportunity, it would be a blessing, yes, but it is kind of like you pray for the best, but prepare for the worst," Veney said.