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  2. 'These are disturbing numbers': A 59-year-old woman with 3 ...

    www.aol.com/finance/disturbing-numbers-59-old...

    “That’s called a small shovel and a very large hole.” ... A 59-year-old woman with 3 degrees and $258K in student debt called Dave Ramsey for help — here's the brutally honest advice he ...

  3. 1. "Live on beans and rice" - AOL

    www.aol.com/finance/going-live-beans-rice-73...

    In a call on an episode of The Ramsey Show, a 73-year old Arizona resident named Robin shared that she has no 401(k) or mutual funds and more than $12,000 in outstanding student loan debt — but ...

  4. Higher Education Act of 1965 - Wikipedia

    en.wikipedia.org/wiki/Higher_Education_Act_of_1965

    The Higher Education Act has been proposed as a potential way to cancel student loan debt. According to a paper by the Legal Services Center at Harvard Law School and commissioned by Senator Elizabeth Warren in September 2020, the Secretary of Education may be able to cancel student loan debt. [54] Following Biden v.

  5. ‘You’re going to live on beans and rice’: A 73-year-old ...

    www.aol.com/finance/going-live-beans-rice-73...

    A 73-year old Arizona resident named Robin shared that she has no 401(k) or mutual funds and more than $12,000 in outstanding student loan debt — but is considering a home purchase within the ...

  6. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  7. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    Student loans may be discharged through bankruptcy, but this is difficult. [2] Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3]

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