The Effects Of Student Loan Debt

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When college students finally graduate from college they are excited to apply what they learned in the classroom to their chosen fields. A vast majority of graduates find themselves facing student debt. This is a debt larger than students have ever faced before. America’s student loan debt has reached over a trillion dollars. This incredible burden weighs heavily on many millennials. The average student loan balance is in the five figures. This is enough to hold off on life’s milestones. The rise is college cost will result in a decrease in homeownership and hold back new businesses among college graduates in the future. Delayed homeownership for young adults can have major effects throughout the economy. Half of Americans are putting a large

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