How to Avoid Debt Traps: A Guide for Beginners in Healthcare, Taxation, and Student Loans
Debt traps: situations where people borrow more money than they can afford to repay, leading to a cycle of debt that is hard to escape.
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The Student Loan Time Bomb: A Decade to Disaster?
Before we get started, I have a friend that wrote a book. Buy it here <3 ------ TLDR Student Loans are one of the many mechanisms used to entrap and to enslave. Humans do it best. Whatever the original intention was, it's no longer the case. Do not get stuck in a cycle of hopelessness. This bubble will force many borrowers into a desperate cycle of damaged credit, limited opportunities, and economic turmoil, leaving little hope for anything better. ---- The Student Loan Time Bomb: A Decade to Disaster? - John Jolissaint The American dream of attaining higher education has become a treacherous path paved with a staggering burden of student loan debt. With outstanding student loan debt surpassing a jaw-dropping $ 1.78 trillion as of 2023 , a ticking time bomb looms over our financial landscape. Let's take a deeper dive into the factors leading to a potential bursting of the student loan bubble (the Biden pause has given us more time, but I'll still estimate that within th