described in this week’s reading “A student loan is a loan made for the purpose of paying college or graduate school expenses” (Wiley & Sons, Inc., 2012, p. 242). The repayments of these loans are often a long burden on life after college. While exploring financial aid for college education, it is important to look at the best ways to reduce the amount borrowed. Some of the ways to do this are scholarships, grants, and work study programs. “Since scholarships and grants do not have to be repaid,…
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