Drowning in Debt
Getting into college is a huge accomplishment in anyone’s life, but no one seems to
prepare one for the stresses of student debt that come with it. A student loan is designed to
help students pay for university tuition, books, and living expenses. It may differ from types of
loans in that the interest rate may be substantially lower and the repayment schedule may be
deferred while the student is still in school. In the past decade, student debt has surpassed $1
trillion, an increase…
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