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Student Loans:Debt Journey of Higher Education

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           Navigating the Debt Journey of Higher Education In today’s world, obtaining a higher education is often seen as a necessary step toward achieving career goals and gaining financial stability. However, the costs associated with education have risen dramatically over the years, and for many students, the only way to finance their degree is through student loans. As of recent reports, student loan debt has surpassed $1.7 trillion in the United States alone, a staggering figure that reflects the burden faced by millions of borrowers. In this article, we’ll explore what student loans are, how they work, the impact they have on students, and strategies for managing and repaying this growing debt. What Are Student Loans? Student loans are financial aid borrowed by students to help cover the costs of tuition, fees, books, supplies, and sometimes living expenses during their time in school. These loans differ from grants or scholarships in that they must ...