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Explained: student loans 💸 In the US, we have private & public universities colleges. They vary in price, but are relatively expensive (and only getting more expensive. 😅 🇺🇸 We have government aid, called FASFA, that helps out folks who can’t afford school. There are also work study programs, scholarships & grants that can help folks. 🧮 ~92% of student loan borrowers have public loans (through the government). The rest have private loans, through privately owned banks. ~42 million Americans
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