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> There are many people that have paid ten of thousand of dollars of their student loans and still saw the total due amount increase.

The problem is a lack of financial literacy education on one side and a lack of career options for decent-paying jobs on the other side - a lot of office jobs these days require college degrees, and not everyone can work in the trades or join the military.

Personally, I believe that all of this is actually designed the way it is to make money for the banks handing out student loans.



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