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Don t miss the big stories. Like us on Facebook. (BPT) - Higher education has become synonymous with debt. The Federal Reserve reported more than $1.7 trillion in outstanding student loans as of Q4 2020 while nearly $120 billion in student loans were in default, according to Statista. Whether youâre fresh out of high school or returning as an adult student, nobody wants to graduate owing more than they can afford to repay â and run the risk of becoming yet another cautionary tale. Instead, youâre forced to make sacrifices to make college happen. You opt for a less expensive school that offers you the best possible financial aid package, even though it might not be your top choice. You may eventually abandon your dream career in favor of a more lucrative course of study. Maybe you even decide college isnât worth it. ....
Press release content from Newswire. The AP news staff was not involved in its creation. Ardeo Education Solutions Helps Improve Student Access to Higher Education January 25, 2021 GMT Ardeo Education Solutions Helps Improve Student Access to Higher Education BLOOMINGTON, Ind. - January 25, 2021 - ( Newswire.com ) During a year of unprecedented challenges, mission-driven Ardeo Education Solutions is increasing student access to higher education and driving enrollments at partner colleges and universities by reducing the fear of student debt post-graduation. Ardeo collaborates with schools to offer students the protection of its Loan Repayment Assistance Program (LRAP). LRAP Awards help students and families repay student loans after graduation and guarantees students - many of whom are increasingly skeptical about the long-term value of a college degree - that their investment will pay off. ....