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makesadsense.com — A student loan is a loan that is granted to a college student enrolled in courses full or part time for at least one semester or quarter and who have declared a major with the intent of pursuing a degree of higher education. Student loans can be granted through various lenders with a governmental guarantee, or can be granted from private lenders
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- nutniqs, on 04/03/2008, -0/+2im still paying my st. loan, 7 years on.
- rockrodger, on 04/04/2008, -0/+1In Australia we call this HECS or HELP and I have $35,000 AUD sitting in debt and i haven't even finished studying yet. However, we are only required to pay this back a. if we make over $35,000 a year and b. if we are still in the Commonwealth. Which is why studying an MBA will get me the hell out of this Monarchy and into some presidents hands to be head hunted for the billions of AUD I'm worth.
- ash84, on 04/08/2008, -0/+1God, debts are terrifying. Students, young people, heck- even adults, have no idea how debt can affect their lives.
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