Student Loans are a paradox, a conundrum. Student Loans seem like a good idea. And sometimes it is the only possible way to go to college. But there are two problems. First, it is possible for a 4-year college education to cost as much as a house. Which means a lot of debt when starting out in life. And second, if you choose the wrong major and do not get a job that can pay off the Student Loans, or if the economy tanks making all jobs hard to get, it can end up taking decades to pay off the Student Loans.
Paying Off Student Loans
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