Posts Tagged ‘Student Loans’
Student Loan Crisis In The United States – The Problem
An insight of Student Loans Simply put, student debt happens when a student uses a certain amount of borrowed money to cover educational costs that would not otherwise be covered by their assets, scholarships, grants, or parent-taken loans. The escalating fee structure of higher education has narrowed the possibility for students to take out the…
Read MoreWhy ISAs are better than Student Loans?
The mounting cost of higher education and advanced training remains a pivotal cause of concern in America. Reportedly, the average tuition fees have risen outrageously in the last 20 years, with an inflation rate of 4.70% each year. According to BLS (Bureau of Labor Statistics), education prices were 245.47% higher in 2020 than in 1993.…
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