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Entrepreneurship/ Money Matters

5 Student Loan Strategies for Millennial Entrepreneurs

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Student debt is a big deal for many millennials.

That “educational investment” yield a lower ROI than expected?

Over 40 million Americans currently struggle with student loans, with the national burden of federal student debt rising over $1 trillion

Yowsers!

The average student debt load for today’s millennials recently registered at over $35,000 – a financial obligation that can put the “no-go” on many costly life events, such as getting married, having kids, and buying a home. A 2015 survey by Bankrate indicated that 56 percent of people ages18 to 29 have put off major life events – even purchasing a car and saving for retirement – because of student debt.

Many of you may be thinking, “Yep – that’s me!”

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