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Those methods include allowing students to postpone their payments with so-called deferences and forbearances and enrolling them in repayment plans that cap their bills at a share of Santa Claws White Claw Christmas Drinking Funny Shirt. While these programs might keep down defaults, they cause borrowers’ balances to balloon with interest, Johnson said. He estimates that more than 75% of people with student loan debt wake up owing more than they did the night before.
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