Student Loan

A type of loan provided by the government or other financial institution to help students and their families pay for their education expenses.

More Details

A student loan is a type of loan that is intended to help students pay for their education. It is typically issued by the government or a private lender, and it is usually repaid over a period of time after the student has completed their education.

Example

You take out a student loan to help pay for your tuition and other expenses while you are in college. After you graduate, you begin making monthly payments on the loan, which you will continue to do for the next 10 years until the loan is fully repaid.

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