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With a staggering 1.8 Trillion dollars in student loan debt, the average Americanhousehold owes $ 39 Thousand, affecting minorities and only expanding the racialgap even wider. A significant percentage of these people have paid their debt by now.
Still, it’s the penalties, the uncontrolled interest, and the predatory behaviours of loan companies that keep piling upon them. Are the current efforts from the government enough to make a change?
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