Thanks to the growing cost of college, student loans are a regular way of life for many Americans. With over $1.4 trillion in outstanding student debt and an average graduate carrying nearly $40,000 in student loan debt according to Student Loan Hero, today’s graduates are very familiar with the challenges of managing student loans.
The student loan phenomenon has a far-reaching impact in borrower’s lives. Not only do these loans require a big chunk of cash every month, they are proving to hold young people back from living on their own, buying a home, and even starting a business. If you have student loans that seem to be holding you back from your self-employment dreams, take a look at these tips to overcome student loans holding you back from entrepreneurship.
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