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6 Methods to Help Reduce or Pay Off Student Debt, by Lorman

6 Methods to Help Reduce or Pay Off Student Debt is brought to you by Lorman

Avoiding financial disaster and learn 6 methods to ease the stress and anxiety of payment.

One of the most daunting projects any individual personal or professional will ever take on will be an attempt to pay off student debt. The latest student loan debt statistics for 2020 show how serious the student loan debt crisis has become for borrowers across all demographics and age groups. There are 45 million borrowers who collectively owe nearly $1.6 trillion in student loan debt in the U.S. Student loan debt is now the second-highest consumer debt category – behind only mortgage debt. Student loans are so high that for chiropractors debt is over $240,000 and for dentists over $285,000. These individuals may invest years attempting to repay all this debt. At some point, current debt relief will end sending many to explore debt consolidation, new employment or incur financial hardship. Or is there a better or another way of avoiding financial disaster? There are actually 6 methods and that is what this course is for – options for you to ease the stress and anxiety of payment.

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