Education is more than just Degrees and certificates

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Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged through bankruptcy. It is the Velcro of all debts. Suze Orman

Please, be careful about accumulating massive debts while you are studying, especially away from home and abroad!

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“Student debt is a form of debt that is owed by an attending, withdrawn or graduated student to a lending institution” (Wikipedia) “Two-thirds of students graduating from American colleges and universities are graduating with some level of debt […] the average borrower will graduate $26,600 in the red and one in 10 graduates accumulate more than $40,000” ( Forbes)

“Heavy debt can be crushing for many students. Young people who graduate with debt have lower net worth, are less likely to own a home, and less likely to have any savings. […] Debt levels are linked to lower graduation levels and reduce the likelihood of continuing to study beyond a bachelor’s degree. […] In addition, the psychological impact of accumulating massive debt while studying is difficult to assess but must be a significant factor for most debt-burdened students”, ( The Peak Magazine).

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Author: Anawim

I am a social activist. I have two Bachelor's degrees, Maths and Computer & Software Engineering. I also have a Ph.D. in Psychology. I have written nine published books, four scientific articles, and five scientific presentations. I simply want to contribute to making a difference where it counts, so that we make the world a better, more sustainable, prosperous, and fairer place. I am always willing to give free talks and lectures about the social problems that exist in our world today.

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