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Our experts answer readers' student loan questions and write unbiased product reviews (here's how we assess student loans). The majority of respondents have student loans, and plan to make future changes in order to pay them. Of the 87% of respondents who have student loans, 54% said they want to pay off their loans as quickly as possible. After graduation, 59% of borrowers expect to take a second job or side hustle in order to make their loan payments. Student loan payments will resume soonMany workers of all ages have student loans on the brain right now, as the US prepares for the pandemic-era, three-year student loan pause to expire in October.
Persons: , ScholarshipOwl, Morgan Stanley Organizations: Service, ScholarshipOwl
Take college courses in high schoolDual enrollment is a state-run program that allows students to take college-level classes, often through a local community college, while they are still in high school. As many as 3 in 10 community college students are in dual enrollment programs, according to the American Association of Community Colleges. Unlike Advanced Placement, the program in which high school students take courses and exams that could earn them college credit, dual enrollment credits are more likely to transfer. Over four years, early college programs cost about $3,800 more per student than traditional high school, according to one study. Try course sharingIf you are already enrolled in a four-year school, tapping community college courses can still be a worthwhile way to cut costs, a strategy known as course sharing.
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