Dr. Michael Snipes is an Associate Professor of Economics Education teaching at the USF Sarasota Manatee Campus on Tuesday morning, August 30, 2022.

SARASOTA — Licensed financial consultant and mother, Cabicea Moore was a “by-product” of the Great Recession, earning her bachelor’s degree more than a decade ago when the economy was collapsing.

During a time of high unemployment, she decided to go back to school and earned an MBA, but her student loan debt also hit six figures.

Today, that lingering debt is the main reason she still can’t become a homeowner.

“I left college with a small amount of debt and then went back to school to further my education and amassed six figure debt,” she said.

Before:Sarasota Housing Nonprofit Supported by New Trauma Informed Training Program

When:Charles & Margery Barancik Foundation Board Approves $8 Million Grant

Her experience is not uncommon, with homeownership, family planning choices, and many other life decisions impacting graduate students, according to higher education experts.



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