Student Loan Repayments Strangling Americans

Student Loans

A quarter of borrowers who take out student loans end up defaulting within five years, while many of the people who pause or defer payments due to hardships end up paying more than they originally would’ve owed, according to a study from the Pew Charitable Trusts.  With total college debt at a record high $1.5 trillion, the findings highlight the challenges millions of Americans face in paying off their loans . . . .

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